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Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%

Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesday.

Florentina Dragu · 31 ianuarie 2012 · 1 min de citit

This is the second auction of a EUR7 billion medium-term notes program launched in 2010 and the first one in US dollars in over a decade.

The ministry has hired Citigroup, HSBC and Deutsche Bank to run the sale.

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