Romania sells 456.0 mln lei of April 2036 bonds and 718.0 mln lei of April 2030 bonds

Kitco Media
By Anonymous
Published:
Updated:
Reuters
 April 24 (Reuters) - Romania sold a less than planned⣘.0 million lei($101.92 million) worth of April 2036 bonds and
a more than planned 718.0 million lei of April 2030 bonds on
Monday at an average accepted yield of 7.53% and 7.33%
respectively, central bank data showed.
 Debt managers, who had planned to sell 700 million lei
of the April 2036 paper last tendered them in March at an
average yield of 7.99%. 
 They had also planned to sell 700 million lei of April𘺎 bonds. Romania last sold similar paper in April at an
average yield of 7.27%. 
 

 Series: RO1J9H39WKT4 
 Issue date 26/04/2023 6/03/2023
 Auction date 24/04/2023 2/03/2023
 Maturity 28/04/2036 28/04/2036
 Avg.yield (pct) 7.53 7.99
 Avg. accepted price 73.3893 70.1936
 Highest accepted yield 7.54 8.0
 Tail (highest yield 0.01 0.01
 minus average yield) 
 Total bids 598.5 mln lei 1.14 bln lei
 Allotted 456.0 mln lei 665.0 mln lei
 Bid-to-cover ratio 1.31 1.71
 
 Series:ROXL7LTQZ66 
 Issue date 26/04/2023 10/04/2023
 Auction date 24/04/2023 6/4/2023
 Maturity 29/04/2030 29/04/2030
 Avg.yield (pct) 7.33 7.27
 Avg. accepted price 103.5528 103.9063
 Highest accepted yield 7.34 7.28
 Tail (highest yield 0.01 0.01
 minus average yield) 
 Total bids 1.15 bln lei 968.5 mln lei
 Allotted 718.0 mln lei 738.0 mln lei
 Bid-to-cover ratio 1.61 1.31
 


($1 = 4.4739 lei)

 (Reporting by Anna Banacka and Adrianna Ebert in Gdansk)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))
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