August 5 (SeeNews) - Romania's finance ministry plans to auction 4 billion lei ($938 million/845 million euro) worth of government securities in August, including 495 million lei in non-competitive offers.
The finance ministry plans six auctions of government securities with residual maturities ranging from 3 to 12 years and an auction of one-year Treasury bills, it said in an issuance plan published in the Official Gazette on Friday.
The ministry planned to place 4.8 billion lei worth of government securities in July but only sold 4.71 billion lei.
Since the beginning of 2019, the finance ministry has sold roughly 29.5 billion lei and 507 million euro ($563 million) worth of domestic government securities.
It also tapped foreign markets for 3 billion euro worth of 2026, 2034 and 2049 Eurobonds.
(1 euro=4.7340 lei)