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Romania Raises RON60M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON60M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.5 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday.

Florentina Dragu · 13.05.2014 · 12:57 · 1 min
Romania Sells RON400M In 10-Year Bond Reopening; Yield Down To 3.95%
Banks-Insurance

Romania Sells RON400M In 10-Year Bond Reopening; Yield Down To 3.95%

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR90.2 million) in a reopening of its 10-year bond due June 2017, at an average yield of 3.95% a year, lower than at t...

Florentina Dragu · 12.05.2014 · 14:39 · 1 min
Macroeconomics

Finance Ministry Undervalued Impact Of Tax Exemption On Reinvested Profit On Budget

The Finance Ministry has significantly underestimated the impact of the tax exemption on reinvested profit on the budget, at 600 million lei (EUR136 million), instead of RON2 billion, Ionut...

Gabriela Stan · 09.05.2014 · 15:34 · 1 min
Romania Raises RON75M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON75M In Non-competitive Bond Auction

Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.9 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday.

Florentina Dragu · 09.05.2014 · 12:11 · 1 min
Romania Sells RON593M 10-Year Bonds At 4.7% Average Yield
Banks-Insurance

Romania Sells RON593M 10-Year Bonds At 4.7% Average Yield

Romania’s Finance Ministry on Thursday raised 592.9 million lei (EUR133.7 million) in a reopening of its 10-year bond due June 2021, above the planned amount, at an average yield of 4.7% a y...

Florentina Dragu · 08.05.2014 · 14:07 · 1 min
Banks-Insurance

Romania Plans To Sell RON3.44B Treasuries In May

Romania’s Finance Ministry plans to sell state treasuries worth 3.44 billion lei (EUR774 million) in May, up from RON4.31 billion raised a month earlier, ministry data showed Wednesday.

Florentina Dragu · 30.04.2014 · 14:51 · 1 min
Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan
Banks-Insurance

Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan

The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009...

Loredana Frățilă-Cristescu · 29.04.2014 · 18:00 · 2 min
Banks-Insurance

Romania Raises RON75M In Non-competitive Bond Auction

Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.8 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday.

Bogdan Neagu · 25.04.2014 · 12:23 · 1 min
Romania Sells Debt Worth RON1.3B At Two Auctions
Banks-Insurance

Romania Sells Debt Worth RON1.3B At Two Auctions

Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR290 million) at two auctions Thursday, in line with its initial target.

Bogdan Neagu · 24.04.2014 · 14:43 · 1 min