So far this year, Romania has sold 32.6 billion lei and
tapped $4 billion of 5-, 10- and 30-year bonds and 2 billion
euros ($2.12 billion) of 2026 and 2029 eurobonds.
($1 = 4.6315 lei)
($1 = 0.9415 euros)
(Reporting by Luiza Ilie, editing by Jason Hovet)
BUCHAREST, Feb 28 (Reuters) - Romania's finance ministry
aims to sell domestic treasury bonds and bills worth 5.92
billion lei ($1.28 billion) in March, including 720 million lei
at non-competitive tenders, it said on Tuesday.
As investors poured into emerging market debt at the start
of the year, Romania had a bumper January both domestically and
on foreign markets, covering a third of its full-year financing
needs. While appetite faded slightly in February, debt managers
still sold 6.44 billion lei domestically, more than planned.
In March, the ministry has scheduled 12 bond tenders with
residual maturities ranging from 2.4 to 15 years and one auction
for one-year treasury bills.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.