Capital Market
Romania Sells RON743M 2-Year Bonds At 7.15% Average Yield
Romania’s Finance Ministry on Thursday sold 743.4 million lei (EUR171.1 million) in two-year bonds, slightly above the planned amount, at an average yield of 7.15% a year, lower than at the...
Romania Finance Ministry’s Liquidity Buffer Tops EUR3B - Sources
Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday.
Leu Exchange Rate Hits 5-Week High Of 4.3429 Vs Euro
Romania’s leu traded near 4.34 per euro by midday Thursday and the central bank’s reference strengthened 0.17% to 4.3429 units, the highest rate in five weeks.
Romanian Government To Ink Brokerage Deal For Tarom IPO
The Romanian Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder updated its offer and halv...
Bucharest Stocks Open Up, On Extremely Low Interest
The Bucharest bourse opened Thursday with a slight increase, on low activity, while the overall value of transactions was boosted by an early deal market trade.
Leu Strengthens Vs Euro In Early Trade
The Romanian leu opened slightly weaker against the euro on Thursday, but it soon recovered and started gaining ground against the European coin as a hedge fund started buying lei, dealers s...
Only One Bidder In Auction For Brokering Transgaz Public Offer
A consortium formed of Raiffeisen Capital&Investment, BT Securities and Czech brokerage firm Wood&Co was the sole bidder in the auction for a broker to intermediate the sale of a 15% stake i...
Banca Carpatica Needs A Foreign Investor - Analysts
The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attractin...
Grzegorz Konieczny Resigns BVB Position
The Fondul Proprietatea (FP.RO) representative in the Managing Board of Bucharest Stock Exchange operator BVB (BVB.RO), Grzegorz Konieczny, gave up his position within BVB.