- By country
- By industry
- By topic
- Top 100
BUCHAREST (Romania), April 18 (SeeNews) - Romania sold on Thursday 400 million lei ($95 million/84 million euro) worth of Treasury notes maturing on June 17 2024, slightly above its initial target, central bank data showed.
The average accepted yield rose to 4.53% from 4.47% achieved at the previous auction of government securities of the same issue held in March, the data indicated.
Demand for the T-notes, which carry an annual coupon of 4.5%, rose to 447.2 million lei from 426.4 million lei at the March auction.
The issue will be reopened on Friday when the finance ministry hopes to raise 60 million lei in a non-competitive tender.
Details on the issue follow:
|Auction date||April 18||March 14|
|Amount offered (mln lei)||400.0||300.0|
|Amount sold (mln lei)||400.0||304.0|
|Total bids placed (mln lei)||447.2||426.4|
So far this year, Romania has sold roughly 12 billion lei
and 83.5 million euro ($94.6 million) worth of domestic government securities. It also tapped foreign markets for 3 billion euros worth of 2026, 2034 and 2049 Eurobonds.
(1 euro=4.7619 lei)