Capital Market
Romania Sells RON657M 9-Month T-Bills At 6.7% Average Yield
Romania’s Finance Ministry Monday sold nine-month treasury bills worth 657.1 million lei (EUR153.5 million), above the planned amount, at an average yield of 6.74% on the year.
Leu In Ranges Vs Euro, Exchange Rate Slides To 4.2792
Romania’s leu traded in ranges against the euro by mid-session Monday and the central bank’s reference weakened 0.2% to 4.2792 units, from 4.271 units Friday.
Zimtub Holders Opposing Delisting Offered RON3.96 Per Share
The minority shareholders of steel tube maker Zimtub (ZIM.RO) who disagree with the company’s delisting will be able to sell their stock to the company at 3.9647 lei (EUR0.928) per unit, dou...
Leu Opens Weaker Vs Euro, On Negative Sentiment
The leu opened Monday lower against the euro, in line with other currencies in the region, after a EU finance minister meeting that spawned no new ideas against the crisis.
Bucharest Stocks Open Flat, SIFs Dive
The Bucharest bourse opened Monday flat on the day, with insignificant oscillation early in the session, while most trades were focusing on the usual liquidity drivers.
Leu Firms Vs Euro On Positive Sentiment
Romania’s leu advanced against the euro in late trade Friday, tracking the currencies in the region, and closed almost 0.2% stronger at 4.26/4.262 units, from 4.2675/4.27 units a day earlier...
Erste, SIFs To Pay Rothschild EUR750,000 For Evaluation Services
Rothschild investment bank will receive EUR750,000 for evaluation services during negotiations between Austria’s Erste Group and minority stockholders in its Romanian unit BCR.
Bucharest Stocks Dip, On Lackluster Trading
The Bucharest bourse closed in the red Friday, on low traded values, stabilizing its evolution after spiking early in the session.
BCR Employees Get Sweetened Exit Deal Because They Need Protection, Erste Says
Romanian BCR’s employees are getting more for their shares in the bank compared with the SIF minority stockholders because they need “a certain level of protection” to liquidate their holdin...