Debt managers, who had planned to sell 500 million lei of
the June 2026 paper, last tendered the bonds in October at an
average yield of 9.47%.
They had also planned to sell 500 million lei of the
September 2032 paper, which they last tendered in January at an
average yield of 7.39%.
Series: ROGSHSTVFMX2
Issue date 27/02/2023 24/10/2022
Auction date 23/02/2023 20/10/2022
Maturity 24/06/2026 24/06/2026
Avg.yield (pct) 7.28 9.47
Avg. accepted price 88.4604 81.4250
Highest accepted yield 7.30 9.52
Tail (highest yield 0.02 0.05
minus average yield)
Total bids 1.20 bln lei 493.0 mln lei
Allotted 905.4 mln lei 398.0 mln lei
Bid-to-cover ratio 1.3 1.2
Series: RO52CQA3C829
Issue date 27/02/2023 30/01/2023
Auction date 23/02/2023 26/01/2023
Maturity 29/09/2032 29/09/2032
Avg.yield (pct) 7.74 7.39
Avg. accepted price 103.3070 105.7322
Highest accepted yield 7.75 7.40
Tail (highest yield 0.01 0.01
minus average yield)
Total bids 1.43 bln lei 4.63 bln lei
Allotted 933.8 mln lei 3.88 bln lei
Bid-to-cover ratio 1.5 1.2
($1 = 4.6297 lei)
(Reporting by Maria Gieldon and Karol Badohal in Gdansk)
Feb 23 (Reuters) - Romania sold a more than planned
905.4 million lei ($195.56 million) worth of June 2026 bonds
and a more than planned 933.8 million lei ($201.70 million)
worth of September 2032 bonds on Thursday, with an average
accepted yield of 7.28% and 7.74% respectively, central bank
data showed.
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