May 8 (Reuters) - Romania sold less than planned 401.1
million lei($89.99 million)worth of one-year treasury bills on
Monday at an average accepted yield of 6.40%, central bank data
showed.
Debt managers who had planned to sell 500 million lei of the
one-year treasury bills last sold similar bills in April at an
average yield of 6.51%.
Series RORO3VNJRP51 RO91A35UZST0
Issue date 10/05/2023 18/04/2023
Auction date 08/05/2023 13/04/2023
Maturity 29/04/2024 27/03/2024
Avg.yield (pct) 6.40 6.51
Avg. accepted price 94.0680 94.1394
Highest accepted yield 6.45 6.59
Tail (highest yield 0.05 0.08
minus average yield)
Total bids 455.0 mln lei 663.3 mln lei
Allotted 401.1 mln lei 500.0 mln lei
Bid-to-cover ratio 1.1 1.3
($1 = 4.4573 lei)
(Reporting by Maria Gieldon and Anna Banacka in Gdansk)
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