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Capital Market

Romania Sells RON500M 5-Year Bonds At 6.75% Average Yield

Romania’s Finance Ministry on Thursday sold 500 million lei (roughly EUR115 million) in five-year bonds, above the planned amount, at an average yield of 6.75% a year, lower than at the prev...

Florentina Dragu · 16.02.2012 · 14:45 · 1 min
Romania To Tap US Debt Market Again - Finance Minister
Banks-Insurance

Romania To Tap US Debt Market Again - Finance Minister

Romania wants to tap again the US debt market, following a successful 10-year bond sale earlier this week, Finance Minister Gheorghe Ialomitianu said Friday.

Florentina Dragu · 03.02.2012 · 13:35 · 1 min
Banks-Insurance

Finance Ministry Sells RON1.3B 3-Year Bonds At 6.8% Average Yield

Romania’s Finance Ministry on Thursday sold 1.3 billion lei (EUR299 million) in three-year bonds, above the planned amount, at an average yield of 6.79% a year, lower than at the previous au...

Florentina Dragu · 02.02.2012 · 15:08 · 1 min
Romania Sells $1.5B 10-Year Dollar Bonds At 6.87% Yield
Capital Market

Romania Sells $1.5B 10-Year Dollar Bonds At 6.87% Yield

Romania sold 10-year bonds worth $1.5 billion in its first auction on the American market in 16 years, at an annual yield of 6.875%, deputy finance minister Bogdan Dragoi said Tuesday.

Florentina Dragu · 31.01.2012 · 19:31 · 1 min
Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%
Banks-Insurance

Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%

Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesd...

Florentina Dragu · 31.01.2012 · 15:40 · 1 min
Banks-Insurance

Romania Sells RON436M 5-Year Bonds At 7% Average Yield

Romania’s Finance Ministry on Thursday sold 436 million lei (EUR100.3 million) in five years bonds, above the planned amount, at an average yield of 7% a year, lower than at the previous auc...

Florentina Dragu · 19.01.2012 · 15:19 · 1 min
Romania To Turn To US Debt Market For Financing - Deputy FinMin
Capital Market

Romania To Turn To US Debt Market For Financing - Deputy FinMin

Romania will likely turn to the US debt market to attract external financing in 2012, because the European banks are under upside pressure to adjust their capital ratios to the latest requir...

Florentina Dragu · 17.01.2012 · 19:34 · 1 min
Capital Market

Investors Placed Half As Much Money In Mutual Funds In 2011

Investors placed 993 million lei (EUR229 million) in mutual funds last year, with the bulk of the amount being placed in money market funds and in bond funds, which invest in government bond...

Daniela Stoican · 16.01.2012 · 00:00 · 1 min
Finance Ministry Has More Than EUR12B To Roll Over In 2012
Macroeconomics

Finance Ministry Has More Than EUR12B To Roll Over In 2012

A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund...

Razvan Voican · 04.01.2012 · 14:10 · 3 min