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Romania Sells RON364M In 10-Year Bonds, Yield Falls to 3.28%
Banks-Insurance

Romania Sells RON364M In 10-Year Bonds, Yield Falls to 3.28%

Romania’s Finance Ministry on Monday raised a higher-than-planned 364 million lei (EUR81 million) in a reopening of a ten-year bond due February 2025, with the average yield falling to 3.28%...

Bogdan Neagu · 12.01.2015 · 14:53 · 1 min
Banks-Insurance

Romania Sells RON500M 3-Year Bonds At 2.07% Average Yield

Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR111 million) at a highly oversubscribed three-year bond auction, while the yield fell to an all-time low for that...

Bogdan Neagu · 08.01.2015 · 14:56 · 1 min
Romania Targets Debt Sales Of RON40B And EUR3B In 2015
Banks-Insurance

Romania Targets Debt Sales Of RON40B And EUR3B In 2015

Romania plans to borrow up to 40 billion lei (EUR8.9 billion) at auctions on the local market and 3 billion euros in foreign funding in 2015, according to the indicative plan of debt sales p...

Bogdan Neagu · 05.01.2015 · 19:22 · 1 min
Romania Sells RON500M 5-Month T-Bills At Record Low Yield
Banks-Insurance

Romania Sells RON500M 5-Month T-Bills At Record Low Yield

Romania’s Finance Ministry Monday sold a planned 500 million lei (EUR111 million) in 5-month treasury bills, with the yield falling to 1.43%, a record low for this maturity.

Bogdan Neagu · 05.01.2015 · 17:40 · 1 min
Macroeconomics

Romania’s Budget Posts Minor Deficit After 11 Months

Romania’s consolidated budget turned to a deficit of 0.04% of the gross domestic product after the first 11 months, from a surplus of almost 0.3% of GDP at the end of October, Finance Minist...

Bogdan Neagu · 29.12.2014 · 19:08 · 1 min
Romania Cancels Bond Sale On Rising Yields
Banks-Insurance

Romania Cancels Bond Sale On Rising Yields

Romania’s Finance Ministry cancelled a five-year bond auction scheduled for Thursday, due to increasing yields in the region following the Russian ruble decline, people in the industry told...

Bogdan Neagu · 18.12.2014 · 17:24 · 1 min
Romania Sells RON1B 12-Month T-Bills At Record Low Yield
Banks-Insurance

Romania Sells RON1B 12-Month T-Bills At Record Low Yield

Romania’s Finance Ministry sold a planned 1 billion lei (EUR223 million) in 12-month treasury bills Monday, with the yield falling to 1.6%, a record low for this maturity.

Bogdan Neagu · 15.12.2014 · 16:25 · 1 min
Ministries Of Agriculture, Finance, European Funds To Get Extra Money In 2015 - Budget Draft
Banks-Insurance

Ministries Of Agriculture, Finance, European Funds To Get Extra Money In 2015 - Budget Draft

The Ministries of Labor, Development, Finance, European Funds, Agriculture, Environment, Transport, Economy will receive extra funds in 2015, while the Ministries of Health, Culture and Inte...

Gabriela Stan · 11.12.2014 · 12:01 · 2 min
Macroeconomics

Romania Budget Revenue Seen Up 3.4% in 2015

Romania’s consolidated budget revenues are estimated for 2015 at 226.36 billion lei (EUR51.5 billion), or 31.9% of the gross domestic product, according to the budget draft published by the...

Bogdan Neagu · 11.12.2014 · 11:44 · 1 min