Romania sells 600.0 mln lei of Sept. 2032 bonds

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 3 (Reuters) - Romania sold as planned 600.0 million lei ($132.06 million) worth of September 2032 bonds on Monday at an average accepted yield of 7.34%, central bank data showed. Debt managers who had planned to sell 600 million lei of the paper, last tendered the bonds in March at an average yield of 7.51%.



Series: RO52CQA3C829
Issue date 05/04/2023 20/03/2023 Auction date 03/04/2023 16/03/2023 Maturity 29/09/2032 29/09/2032 Avg.yield (pct) 7.34 7.51 Avg. accepted price 105.9801 104.8200 Highest accepted yield 7.39 7.51 Tail (highest yield 0.05 0.00 minus average yield)
Total bids 1.24 bln lei 1.61 bln lei Allotted 600.0 mln lei 586.0 mln lei Bid-to-cover ratio 2.1 2.7

($1 = 4.5433 lei) (Reporting by Adrianna Ebert and Maria Gieldon in Gdansk)

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