March 13 (Reuters) - Romania sold a more than planned
623.8 million lei ($135.63 million) worth of October 2027 bonds
on Monday, with the average accepted yield of 7.26%, central
bank data showed.
Debt managers, who had planned to sell 500 million lei of
the October 2027 paper, last tendered the bonds in December at
an average yield of 7.88%
Series: RO7P95F9FNY6
Issue date 15/03/2023 22/12/2022
Auction date 13/03/2023 27/12/2022
Maturity 25/10/2027 25/10/2027
Avg.yield (pct) 7.26 7.88
Avg. accepted price 81.8569 79.0598
Highest accepted yield 7.27 7.91
Tail (highest yield 0.01 0.03
minus average yield)
Total bids 1.13 bln lei 459.1 mln lei
Allotted 623.8 mln lei 384.1 mln lei
Bid-to-cover ratio 1.81 1.20
($1 = 4.5994 lei)
(Reporting by Patrycja Zaras and Adrianna Ebert in Gdansk)
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