Romania sells 331.0 mln lei of January 2028 bonds

March 30 (Reuters) - Romania sold a more than planned 331.0 million lei ($72.89 million) worth of January 2028 bonds on Thursday, at an average accepted yield of 7.29%, central bank data showed.

Debt managers, who had planned to sell 300 million lei of paper, last tendered the 2028 bonds in December at an average yield of 7.69%.

Series: ROAW5KY5CD78
Issue date 03/04/2023 19/12/2022 Auction date 30/03/2023 15/12/2022 Maturity 26/01/2028 26/01/2028 Avg.yield (pct) 7.29 7.69 Avg. accepted price 87.6113 85.4952 Highest accepted yield 7.29 7.74
Tail (highest yield 0.00 0.05 minus average yield)
Total bids 908.0 mln lei 485.3 mln lei Allotted 331.0 mln lei 408.0 mln lei Bid-to-cover ratio 2.74 1.19
($1 = 4.5411 lei) (Reporting by Patrycja Zaras and Karolina Komada in Gdansk)

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Reuters

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Romania sells 331.0 mln lei of January 2028 bonds

By Reuters

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