Romania Sells RON1.06B 7-Month T-Bills At 6.6% Average Yield
Romania’s Finance Ministry on Monday sold 1.065 billion lei (EUR244 million) in seven-month treasury bills, slightly above the planned amount, at an average yield of 6.6% a year.
The ministry planned to sell debt worth RON1 billion at Monday’s auction. Banks offered a total of RON2.45 billion, central bank data showed.
This was the second 7-month treasury sale ever. At the first one held in January, the ministry sold paper worth RON1B at 6.28% average yield.
The ministry plans to sell debt worth RON4.5 billion in December, up from RON3.93 billion sold a month earlier.
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