off-the-wire

Romania sells 738.0 mln lei of April 2030 bonds and 422.6 mln lei of Feb 2038 bonds

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 6 (Reuters) - Romania's finance ministry sold a more than planned 738.0 million lei ($162.83 million) worth of April 2030 treasury bonds and less than planned 422.6 million lei ($93.24 million) worth of February 2038 bonds on Thursday, at an average accepted yield of 7.27% and 7.77% respectively central bank data showed. Debt managers, who had planned to sell 600 million lei of the April 2030 bonds, last tendered them in March at an average yield of 7.32%. They also planned to sell 500.0 million lei of the 2038 paper, last tendered similar bonds in March at an average yield of 7.99%.



Series: ROXL7LTQZ66
Issue date 10/4/2023 22/03/2023 Auction date 6/4/2023 20/03/2023 Maturity 29/04/2030 29/04/2030 Avg.yield (%) 7.27 7.32 Avg. accepted price 103.9063 103.6516 Highest accepted yield 7.28 7.33 Tail (highest yield minus 0.01 0.01 average yield)
Total bids 968.5 mln lei 1.71 bln lei Allotted 738.0 mln lei 883.0 mln lei Bid-to-cover ratio 1.31 1.93


Series: ROODU3PR9NF9
Issue date 10/4/2023 8/3/2023 Auction date 6/4/2023 6/3/2023 Maturity 24/2/2038 24/2/2038 Avg.yield (%) 7.77 7.99 Avg. accepted price 101.0993 99.2528 Highest accepted 7.79 8.00 yield (%)
Tail (highest yield 0.02 0.01 minus average yield)
Total bids 817.1 mln lei 398.5 mln lei Allotted 422.6 mln lei 255.1 mln lei Bid-to-cover ratio 1.93 1.56
($1 = 4.5324 lei) (Reporting by Patrycja Zaras and Maria Gieldon in Gdansk)

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