Romania Sells RON1.7B 1-Year T-Bills At 6.55% Average Yield
Romania’s Finance Ministry on Monday sold 1.71 billion lei (EUR397 million) in one-year treasury bills, above the planned amount, at an average yield of 6.55% a year, lower than at the previous auction.
The ministry planned to sell RON1.3 billion at Monday’s auction. Banks offered RON3.74 billion, central bank data showed.
At the latest similar auction November 28, the ministry sold RON249 million in one-year paper at an average yield of 6.65%.
The ministry plans to sell debt worth RON4.5 billion in December, up from RON3.9 billion sold a month earlier.
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