October 2 (SeeNews) - Romania's finance ministry said on Monday it plans to auction 2.2 billion lei ($563 billion/480 million euro) worth of government securities and to sell an additional 240 million lei in non-competitive offers in October.
The finance ministry plans five auctions of government securities with maturity of two to six years and one auction of one-year T-bills this month, it said in a debt issuance calendar.
In September, the finance ministry auctioned 3.35 billion lei worth of domestic debt paper and an additional 405 million lei in non-competitive offers, slightly below target.
So far this year, the finance ministry has sold some 37.5 billion lei and 340 million euro worth of government bills and bonds and has tapped foreign markets for 1.75 billion euro of 2027 and 2035 Eurobonds.
In June, the ministry said it plans to sell 7.5 billion euro worth of Eurobonds on the international markets in the following two years.
The ministry also plans to sell about 2.5-3.0 billion euro worth of Eurobonds on the international markets and some 48-50 billion lei worth of leu-denominated domestic debt this year.
(1 euro= 4.5871 lei)