Romania sells EUR 1.3 billion bonds, above planned amount

25 November 2010

Romania's Finance Ministry on Thursday sold three-year foreign currency bonds worth EUR 1.3 billion, above the planned amount, at an average yield of 4.8 percent a year.  The ministry planned to sell debt worth EUR 1 billion at Thursday's auction.  The issue carries a coupon of 4.5 percent a year.  Romania has to repay EUR 1.4 billion in one-year treasury bills due November 29.

Thursday's issue was the second forex bond sale on the domestic market this year, after the ministry raised EUR 1.2 billion in one-year treasury bonds on July 28.

Mediafax

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Romania sells EUR 1.3 billion bonds, above planned amount

25 November 2010

Romania's Finance Ministry on Thursday sold three-year foreign currency bonds worth EUR 1.3 billion, above the planned amount, at an average yield of 4.8 percent a year.  The ministry planned to sell debt worth EUR 1 billion at Thursday's auction.  The issue carries a coupon of 4.5 percent a year.  Romania has to repay EUR 1.4 billion in one-year treasury bills due November 29.

Thursday's issue was the second forex bond sale on the domestic market this year, after the ministry raised EUR 1.2 billion in one-year treasury bonds on July 28.

Mediafax

Normal

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