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FINANCE MINISTRY

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Banks-Insurance

Romania Sells RON207M In 5-Year Bonds, At 2.6% Average Yield

Romania’s Finance Ministry sold just half of the planned amount at a five-year bond auction Thursday, as the average yield spiked, amid worsening sentiment on foreign markets and after the s...

Bogdan Neagu · 14.05.2015 · 15:10 · 1 min
Romania Sells RON400M 3-Year Bonds At 2% Average Yield
Banks-Insurance

Romania Sells RON400M 3-Year Bonds At 2% Average Yield

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR90 million) in the reopening of a three-year bond auction, at lower yields.

Bogdan Neagu · 11.05.2015 · 13:44 · 1 min
Jiru: Not Nervous About Romania's Budget Deficit Target
Macroeconomics

Jiru: Not Nervous About Romania's Budget Deficit Target

Romania’s government is not worried about keeping the budget deficit within the agreed terms in the convergence program, as the results after the first quarter are very good, Finance Ministr...

Bogdan Neagu · 05.05.2015 · 16:03 · 1 min
Finance Ministry Mulls Draft Law On Turning EximBank Into Development Bank By End Of May
Banks-Insurance

Finance Ministry Mulls Draft Law On Turning EximBank Into Development Bank By End Of May

Finance Ministry plans to launch, at the end of the month, the draft law on turning Romania’s state-run lender EximBank into a development bank which might become operational in 3-4 months,...

Gabriela Stan · 05.05.2015 · 15:18 · 1 min
Romania Could Launch Government Bond Sale To Population In June
Macroeconomics

Romania Could Launch Government Bond Sale To Population In June

Romania’s Finance Ministry prepares for June the first sale of government bonds to population since 2005, the treasury chief said Tuesday.

Bogdan Neagu · 05.05.2015 · 12:21 · 1 min
Romania Sells RON1B 11-Month T-Bills At 1.46% Yield
Banks-Insurance

Romania Sells RON1B 11-Month T-Bills At 1.46% Yield

Romania’s Finance Ministry Tuesday sold a planned 1 billion lei (EUR226.8 million) in 11-month treasury bills, at an average yield of 1.46% per year.

Bogdan Neagu · 28.04.2015 · 14:21 · 1 min
Romania Posts Budget Surplus of 0.7% of GDP in 1Q
Macroeconomics

Romania Posts Budget Surplus of 0.7% of GDP in 1Q

Romania’s budget posted surplus after the first three months as the country recorded higher tax revenues, while investment expenses were cut, data from the Finance Ministry showed Tuesday.

Bogdan Neagu · 28.04.2015 · 12:21 · 1 min
Romania Sells RON400M In 5-Year Bonds, At 2.33% Average Yield
Banks-Insurance

Romania Sells RON400M In 5-Year Bonds, At 2.33% Average Yield

Romania’s Finance Ministry Thursday raised a planned 400 million lei (EUR90.5 million) in a reopening of a five-year bond due June 2019, while the average yield fell slightly to 2.33%.

Bogdan Neagu · 23.04.2015 · 15:02 · 1 min
Banks-Insurance

Romania Sells RON200M In 10-Year Bonds, Yield Up To 2.7%

Romania’s Finance Ministry on Monday raised a planned 200 million lei (EUR45 million) in a reopening of a ten-year bond due June 2021, with the average yield rising slightly to 2.7% a year.

Bogdan Neagu · 20.04.2015 · 14:51 · 1 min