off-the-wire

Romania sells 500.0 mln lei of November 2025 bonds

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 23 (Reuters) - Romania sold a planned 500.0 million lei ($110.59 million) worth of November 2025 bonds on Thursday, at an average accepted yield of 7.07%, central bank data showed. Debt managers, who had planned to sell 500 million lei of the 2025 paper, last tendered them in February at an average yield of 7.21%.



Series: ROJ0LNOCKHR8
Issue date 27/03/2023 01/03/2023 Auction date 23/03/2023 27/02/2023 Maturity 25/11/2025 25/11/2025 Avg.yield (pct) 7.07 7.21 Avg. accepted price 91.5659 91.0383 Highest accepted yield 7.09 7.23 Tail (highest yield 0.02 0.02 minus average yield)
Total bids 603.0 mln lei 529.3 mln lei Allotted 500.0 mln lei 439.3 mln lei Bid-to-cover ratio 1.21 1.20
($1 = 4.5214 lei) (Reporting by Adrianna Ebert and Mateusz Rabiega in Gdansk)

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