FINANCE MINISTRY
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Romania Rejects All Bids In 2-Year Bonds Sale
Romanian Finance Ministry rejected all bids at a 400 million lei (EUR88.12 million) two-year bonds auction Thursday, citing high yields.
Romania May Stop Funding City Halls Which Spent Money From Previous Government Improperly
Romania’s Finance Ministry will stop payments from income tax and VAT collections provided to local authorities, for the city halls which received money from the Government's reserve fund du...
Romania Sells RON700M 1-Year T-Bills At 5.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR153 million) in one-year treasury bills at an average yield of 5.66% a year, higher than at the previous auction.
Romania Plans To Sell RON2.5B Of Debt In August
Romania’s Finance Ministry plans to sell state paper worth 2.5 billion lei (EUR547 million) in August, up from RON1.5 billion sold a month earlier, ministry data showed Tuesday.
Finance Ministry Brings Back Enache Jiru As State Secretary - Sources
Romania’s Finance Ministry named Enache Jiru as secretary of state and head of the State Treasury head to replace Cristian Sporis, sources with the ministry told MEDIAFAX Monday.
Romania Public Debt Widens To RON237.7B In May
Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed.
Romania Sells RON185M 2-Year Bonds; Yield Flat At 6%
The Romanian Finance Ministry has raised only 184.8 million lei (EUR40.5 million) at a two-year bond sale Monday, well below the planned amount, in a bid to keep yields steady.
Romania’s Borrowing Costs Climb Amid Political Turmoil, EU Debt Worries
The tensed situation in European financial markets, alongside political disruption at home have driven Romania’s borrowing costs higher, an official of the Finance Ministry said Monday.
Romania Sells RON700M 1-Year T-Bills At 5.5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR154.6 million) in one-year treasury bills, but the average annual yield rose to 5.53%, from 5.29% previously, amid pol...