off-the-wire

Romania aims to sell domestic debt worth 5.79 bln lei in May

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUCHAREST, April 28 (Reuters) - Romania's finance ministry aims to sell domestic treasury bonds and bills worth roughly 5.79 billion lei ($1.29 billion) in May, including 690 million lei at non-competitive tenders, it said on Friday.


Debt managers sold 7.41 billion lei worth of domestic debt in April, slightly less than planned, after exceeding issuance expectations in the first quarter.


In May, the ministry has scheduled eight bond tenders with residual maturities ranging from 3.5 to 14.8 years and one auction for one-year treasury bills. So far this year, Romania has sold just under 47.7 billion lei and tapped $4 billion of 5-, 10- and 30-year bonds and 2 billion euros of 2026 and 2029 eurobonds. ($1 = 4.4891 lei) (Reporting by Luiza Ilie)

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