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FINANCE MINISTRY

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Romania Re-opens 10-Year Eurobond; Eyes Raising EUR500M
Banks-Insurance

Romania Re-opens 10-Year Eurobond; Eyes Raising EUR500M

Romania’s Finance Ministry Tuesday re-opened a 6.5% euro-denominated bond due June 2018 and set the initial price guidance at 5.25% area, people familiar with the matter said Tuesday.

Florentina Dragu · 04.09.2012 · 12:48 · 1 min
Romania Sells RON931M 8-Month Bills At 6.1% Average Yield
Banks-Insurance

Romania Sells RON931M 8-Month Bills At 6.1% Average Yield

Romania’s Finance Ministry on Monday sold 931.1 million lei (EUR207 million) in eight-month treasury bills at an average yield of 6.11% a year, slightly higher than at the previous auction.

Florentina Dragu · 03.09.2012 · 16:38 · 1 min
Romania Plans To Sell RON3.3B Of Debt In September
Banks-Insurance

Romania Plans To Sell RON3.3B Of Debt In September

Romania’s Finance Ministry plans to sell state paper worth 3.3 billion lei (EUR million) in September, up from RON1.4 billion sold a month earlier.

Ioana Tudor · 31.08.2012 · 18:52 · 1 min
Finance Ministry: Budget Revenue Down To 32.3% Of GDP
Macroeconomics

Finance Ministry: Budget Revenue Down To 32.3% Of GDP

The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry.

Radu Bostan · 29.08.2012 · 00:00 · 1 min
Romania Rejects All Bids In 4-Year Bonds Sale
Banks-Insurance

Romania Rejects All Bids In 4-Year Bonds Sale

Romanian Finance Ministry rejected all bids at a 200 million lei (EUR44.6 million) four-year bonds auction Thursday, citing high yields.

Florentina Dragu · 23.08.2012 · 16:47 · 1 min
Romania Rejects All Bids At 1-Year T-Bills Auction
Banks-Insurance

Romania Rejects All Bids At 1-Year T-Bills Auction

Romania’s Finance Ministry on Monday rejected all bids at an one-year treasury-bills auction, citing unacceptable yields.

Bogdan Neagu · 20.08.2012 · 15:35 · 1 min
IMF To Finance Ministry: Rebuild Your Forex Reserve For Emergency Situations
Banks-Insurance

IMF To Finance Ministry: Rebuild Your Forex Reserve For Emergency Situations

The International Monetary Fund (IMF) warns the Finance Ministry that its “fiscal buffer” has diminished, after the Treasury had attracted less than it had planned to in recent auctions beca...

Radu Bostan · 16.08.2012 · 00:00 · 2 min
Voinea: Romania Considers Extra Tax For Electricity, Gas Producers
Energy

Voinea: Romania Considers Extra Tax For Electricity, Gas Producers

Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of t...

Florentina Dragu · 14.08.2012 · 15:46 · 1 min
Romania Sells RON700M 8-Month Bills At 5.9% Average Yield
Banks-Insurance

Romania Sells RON700M 8-Month Bills At 5.9% Average Yield

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR154 million) in eight-month treasury bills at an average yield of 5.91% a year, central bank data showed.

Florentina Dragu · 13.08.2012 · 15:49 · 1 min