Romania Sells RON743M 2-Year Bonds At 7.15% Average Yield
Romania’s Finance Ministry on Thursday sold 743.4 million lei (EUR171.1 million) in two-year bonds, slightly above the planned amount, at an average yield of 7.15% a year, lower than at the previous auction.
The ministry planned to sell bonds worth RON700 million at Thursday’s auction. Banks offered RON1.9 billion, central bank data showed.
At the latest similar auction November 3, the ministry sold a planned RON500 million in two-year paper at a 7.23% 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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