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FINANCE MINISTRY

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Finance Ministry Contemplates Capping Money Transactions Between Individuals
Social/Politics

Finance Ministry Contemplates Capping Money Transactions Between Individuals

Romania’s Finance Ministry is considering capping daily cash payments between two or more individuals in a move to reduce tax evasion, people familiar with the matter said Tuesday.

Florentina Dragu · 25.09.2012 · 16:03 · 1 min
Romania Public Debt Widens To RON236.7B In July
Macroeconomics

Romania Public Debt Widens To RON236.7B In July

Romania’s public debt rose to 236.69 billion lei (EUR52.5 billion) in July, from RON232.17 billion a month earlier, Finance Ministry data showed.

Florentina Dragu · 20.09.2012 · 16:04 · 1 min
Romania Sells RON200M 4-Year Bonds At 6.3% Average Yield
Banks-Insurance

Romania Sells RON200M 4-Year Bonds At 6.3% Average Yield

Romania’s Finance Ministry on Thursday sold a planned 200 million lei (EUR44.3 million) in four-year government bonds, at an average yield of 6.29% a year, central bank data showed.

Florentina Dragu · 20.09.2012 · 15:09 · 1 min
Romania Sells RON978M 1-Year T-Bills; Yield Falls To 5.95%
Banks-Insurance

Romania Sells RON978M 1-Year T-Bills; Yield Falls To 5.95%

Romania’s Finance Ministry on Monday sold 978.4 million lei (EUR217.5 million) in one-year treasury bills, above the planned amount, as the average yield fell to 5.95% a year, from over 6% a...

Florentina Dragu · 17.09.2012 · 15:35 · 1 min
Romania Sells RON300M 2-Year Bonds At 6.1% Average Yield
Banks-Insurance

Romania Sells RON300M 2-Year Bonds At 6.1% Average Yield

Romania’s Finance Ministry raised a planned 300 million lei (EUR66.5 million) at a two-year bond auction Thursday, while the average annual yield rose slightly to 6.1% a year, central bank d...

Florentina Dragu · 13.09.2012 · 16:02 · 1 min
Banks-Insurance

Romania Sells RON1.53B 8-Month Bills At 5.98% Average Yield

Romania’s Finance Ministry on Monday sold 1.53 billion lei (EUR341 million) in eight-month treasury bills, more than double the planned amount, at an average yield of 5.98% a year, slightly...

Florentina Dragu · 10.09.2012 · 15:19 · 1 min
Romania Sells RON600M 1-Year T-Bills; Yield Rises To 6.1%
Banks-Insurance

Romania Sells RON600M 1-Year T-Bills; Yield Rises To 6.1%

Romania’s Finance Ministry on Thursday sold 599.8 million lei (EUR133.8 million) in one-year treasury bills at an the average yield of 6.07% a year, higher than at the previous auction.

Florentina Dragu · 06.09.2012 · 15:10 · 1 min
Romania’s Tap Of 2018 Eurobond Drew Hefty Demand From UK, Austria, Germany
Banks-Insurance

Romania’s Tap Of 2018 Eurobond Drew Hefty Demand From UK, Austria, Germany

Romania’s tap of a euro-denominated bond issue due June 2018 attracted bids from over 200 investors, mainly from the United Kingdom, Austria and Germany, bankers familiar with the matter tol...

Florentina Dragu · 05.09.2012 · 13:11 · 1 min
Romania Raises EUR750M In International Tap Bond, At 5.1%
Banks-Insurance

Romania Raises EUR750M In International Tap Bond, At 5.1%

Romania’s Finance Ministry Tuesday tapped a 10-year euro-denominated bond maturing in June 2018 for an amount of EUR750 million, at an annual yield of 5.15%.

Florentina Dragu · 04.09.2012 · 15:19 · 1 min