You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Romania to issue 4.25 bln lei (859 mln euro) of domestic debt in July

Romania to issue 4.25 bln lei (859 mln euro) of domestic debt in July

BUCHAREST (Romania), June 30 (SeeNews) - Romania's finance ministry said on Thursday that it intends to sell 4.25 billion lei ($896 million/859 million euro) worth of government securities in July, including 450 million lei in non-competitive offers.

The finance ministry plans nine auctions of government securities with residual maturity ranging from 3.3 to 13.8 years and an auction of one-year Treasury bills, according to its July issuance plan published in the Official Gazette.

The ministry managed to sell some 2 billion lei worth of government securities in June, less than half of the planned amount of 4.5 billion lei.

So far this year, Romania has sold some 22.2 billion lei worth of bonds and has tapped international markets for 2.5 billion euro ($2.63 billion) worth of 2028 and 2034 Eurobonds, as well as $3.85 billion worth of dollar bonds.

(1 euro=4.9454 euro)

Share this story
SeeNews in Brief

View our Newsletters

 
Compare