Capital Market
Romania Sells RON1B 1-Year T-Bills; Yield Rises To 6.7%
Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR235 million) in one-year treasury bills, at an average yield of 6.73% a year, higher than at the previous auction.
ING: Romania Likely To Accept Higher Yields At Debt Sales
The Romanian Finance Ministry is likely to accept higher yields to meet its current borrowing targets, after it failed to raise a planned 4 billion lei (EUR0.94 billion) at state auctions in...
Leu Recoups Vs Euro, Exchange Rate At 4.2429
Romania’s leu recovered early losses versus the euro by mid trade Monday, but the central bank’s reference weakened slightly to 4.2429 units, from 4.2418 units in the previous session.
Bucharest Stocks Open Down, In Sync With Foreign Markets
The Bucharest bourse followed the evolution of international exchanges in early trade Monday, as gloomy US jobs data and renewed sovereign debt fears weigh on stock markets.
Leu Modestly Down Vs Euro In Early Trade
Romania’s leu edged lower against the euro amid low volumes Monday morning, tracking the currencies in the region.
State Readies To Bid Adieu To Fondul Proprietatea
Once the Romanian state uses up the stake it has left in Fondul Proprietatea (FP.RO) on compensations, which is expected to happen by yearend, the influence of the Fund’s manager, U.S. group...
Finance Ministry Prepares To Tap Wall Street
Romania's Finance Ministry wants to raise money from the U.S. market this fall by selling US dollar-denominated bonds in a bid to diversify attracted resources and also find other investors...
Romania’s Stake In Proprietatea Fund Drops To 9.15% In August
Romanian Finance Ministry’s holding in investment fund Fondul Proprietatea (FP.RO) fell to 9.15% in August from 12.39% a month earlier, after the national property restitution authority ANRP...
Bucharest Bourse Closes In Red, Trading Spikes On Deal Market
Shares traded on the Bucharest bourse fell around 1.6% Friday, on low traded volumes, but the overall turnover was lifted by several deal market transactions.