December 3 (SeeNews) - Romania's finance ministry plans to auction 4.3 billion lei ($1.04 billion/923 million euro) worth of government securities in December, including 480 million lei in non-competitive offers.
The finance ministry plans six auctions of government securities with residual maturities ranging from two years to 12 years and an auction of one-year Treasury bills, it said in a monthly debt issuance calendar on Friday.
The ministry planned to auction 4.7 billion lei worth of government securities in November but overshot its target, raising 5.4 billion lei.
Since the beginning of 2018, the finance ministry has sold roughly 39 billion lei of government securities and has raised 3.75 billion euro on international markets from the sale of 2028 and 2030 Eurobonds, as well as $1.2 billion of 2048 dollar bonds.
(1 euro=4.6566 lei)