Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Shares Down In Early Trade, SIFs Lose More Than 1%
Bucharest-listed shares opened down Friday, continuing this week's downward trend, with the regional investment funds, or SIFs, falling steeper than the general tendency.
Bucharest Shares Open Down On Reduced Interest
Bucharest-listed shares were down in early trade Monday, following the negative trend on the international markets, but the traded values were lower than the past sessions' average.
IMF-EU Delegation To Visit Romania July 20 - August 1
Joint teams from the International Monetary Fund, the European Commission and the World Bank will visit Romania between July 20 and August 1 for the second review of a EUR5.3 billion precaut...
Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-
Fitch Ratings Monday upgraded Romania’s long-term foreign currency issuer default rating to ‘BBB-’ from ‘BB’ and long-term local currency rating to ‘BBB’ from ‘BBB-’, citing the country’s pr...
Leu Gains Vs Euro, Falls Vs Swiss Franc
The Romanian leu extended early gains in mid-trade Friday, following the regional trend, and the central bank computed a reference rate of 4.216 units, 0.3% stronger from 4.2294 units in the...
Romania Sells RON293.8M 10-Year Bonds At 7.47% Average Yield
Romania’s Finance Ministry Thursday sold a lower-than-planned 293.8 million lei (EUR69.5 million) in 10-year treasury bonds, while the average yield was at 7.47% on the year, slightly higher...
Leu Exchange Rate Gains 0.5% To 4.2294 Vs Euro
The Romanian leu erased part of the early gains in mid-trade Thursday, but it still was stronger than at the same time in the previous session, and the central bank set the reference rate at...
Bucharest Shares Open Up 1%, Alro Leads Early Trades
The Bucharest Stock Exchange shook off recent losses and opened on a rising trend Tuesday, with aluminum producer Alro (ALR.RO) a surprising leader in morning traded values.
Romania Draws EUR1.5B From Foreign Markets In 5-Year Bond Sale
Romania sold EUR1.5 billion in five-year bonds at an annual yield of 5.29%, in the first issue of the country's EUR7 billion medium term notes (MTNs) program, with orders books closing at EU...
Romania Sets 5-Year Bond Pricing At 5.4%, Order Book Above EUR2 Bln
Romania set the price guidance of its five-year euro-denominated bond issue at some 5.4%, 20 basis points higher than at its previous international issue in March 2010, banking sources told...
Bucharest Stocks Open Higher, Rompetrol Rafinare Takes Lead
The Bucharest Stock Exchange opened on an upward trend, with Oltchim resuming its rally with a 8% gain, but the highest increase was posted by Rompetrol Rafinare (RRC.RO), whose shares were...
Vasilescu, BNR: Banks Aren't Leaving, Shareholders Might
The central bank has no knowledge about any foreign lender that wants to abandon operations on the Romanian market, Adrian Vasilescu, adviser to central bank governor said Sunday, dismissing...