Romania Plans To Sell RON4.5B Treasuries In December
Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.03 billion) in December, up from RON3.93 billion sold a month earlier, ministry data showed Tuesday.
The ministry has scheduled five auctions in December.
Three short-term debt sales are expected to bring the ministry a total of RON3.5 billion, while two bond issues are seen raising RON1 billion.
So far this year, Romania sold around RON47.65 billion (EUR10.93 billion) in leu-denominated state notes. Additionally, two foreign currency bond auctions have brought the ministry EUR1.4 billion, while an international debt sale early June raised EUR1.5 billion. (EUR1=RON4.3498)
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Ziarul Financiar