24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sells RON400M 5-Year Bonds; Yield Falls To 5.5%
Romania’s Finance Ministry on Thursday sold a planned 400 million lei (EUR90.3 million) of five years bonds, at an average yield of 5.5% a year, lower than at the previous auction.
New IMF Deal, Better Credit Ratings May Help Lower Romania Bond Yields - Report
A new loan agreement with the International Monetary Fund, or better credit ratings could help Romania obtain lower yields at long-term debt auctions, a report from Austria’s Raiffeisen Bank...
Leu Exchange Rate Hits 2-Week Low Of 4.4281 Vs Euro
Romania’s leu recovered part of its earlier loss against the euro by midday Thursday, but the central bank’s reference weakened to 4.4281 units, the lowest level in two weeks.
Transelectrica Wants Green Certificates To Finance Grid Investments
Romania’s state-run power grid operator Transelectrica (TEL.RO) has asked to receive part of the green certificates allocated via a government support scheme in the renewable energy sector s...
Leu Dips Vs Euro On Low Volumes
Romania’s leu inched lower against the euro Wednesday and closed slightly above 4.42 units, amid low volumes.
Leu Exchange Rate Weakens To 4.4228 Vs Euro
The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference weakened to 4.4228 units, from 4.4179 units a day earlier.
Bucharest Stocks Inch Lower In Early Trade
Bucharest shares were slightly lower Wednesday morning, amid scarce volumes as investors showed no immediate reaction to better-than-expected data on the 2012 economic growth.
Leu Opens Down Vs Euro, Immune To GDP Data
Romania’s leu weakened against the euro in early action Wednesday, unfazed by positive data on the economic growth in 2012.
Leu Ends Down Vs Euro In Calm Session
The Romanian leu closed slightly weaker against the euro after a lackluster trade Tuesday, amid low volumes.
ATE Bank Romania Sale Delayed By Shareholder Pull-out Request
The sale of ATE Bank Romania cannot be completed due to a shareholder’s request to withdraw from the local lender.
Romanian Banks Use Loan Revenue To Repay Funds To Parent Groups, Says BNR Board Member
Romanian banks use most of their loan revenue to repay the capital received from mother banks, as the latter continue a deleveraging process started last year, an official of the central ban...
Romania Should Seek Better Credit Ratings - Minister
Romania should use the current climate of fiscal stability to improve its position in international ratings, which in turn might ameliorate the relationship between banks and investors, Econ...