Romania Plans To Sell RON5B State Paper In February
Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in February, compared with RON9.9 million sold in the previous month, ministry data showed Tuesday.
The ministry has scheduled seven auctions in February, including a 15-year sale, the first since June 2005.
Three short-term debt sales are expected to bring the ministry a total of RON2.8 billion, while four bond issues are seen raising RON2.2 billion.
The ministry sold debt worth RON9.93 billion in January, more than double from RON4.5 billion targeted.
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