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FINANCE MINISTRY

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Romania Sells $750M In Reopening Of 10-Year Bonds, At 6.45%
Banks-Insurance

Romania Sells $750M In Reopening Of 10-Year Bonds, At 6.45%

Romania sold Tuesday $750 million in the reopening of a 10-year bond issue on the U.S. market, meeting a strong demand that pushed the yields lower to 6.45%, from 6.875% in the previous debt...

Bogdan Neagu · 28.02.2012 · 23:52 · 1 min
Romania Reopens Dollar Bond Issue For Up To $1B
Capital Market

Romania Reopens Dollar Bond Issue For Up To $1B

Romania has reopened a 10-year US dollar-denominated bond issue on the American market and set an initial price guidance of 6.5%, Finance Ministry data showed Tuesday.

Florentina Dragu · 28.02.2012 · 15:38 · 1 min
Banks-Insurance

Romania Sells RON500M 6-Month Bills At 5.2% Average Yield

Romania’s Finance Ministry on Monday sold a planned 500 million lei (roughly EUR115 million) in six-month treasury bills, at an average yield of 5.22% a year, lower than at the previous auct...

Florentina Dragu · 27.02.2012 · 15:40 · 1 min
Banks Give Cheap Funding To State, Private Sector Clients Pay
Banks-Insurance

Banks Give Cheap Funding To State, Private Sector Clients Pay

Bankers pumped another 5 billion lei (EUR1.15 billion) into the state’s coffers in January by buying government securities, while private-sector loans in local currency fell by EUR1 billion....

Radu Bostan · 27.02.2012 · 00:00 · 3 min
Raiffeisen Bank Romania’s Head Of Treasury Appointed Deputy FinMin
Banks-Insurance

Raiffeisen Bank Romania’s Head Of Treasury Appointed Deputy FinMin

Romanian Prime Minister Mihai Ungureanu has appointed Cristian Sporis as the new deputy finance minister, in charge of the state Treasury.

Florentina Dragu · 24.02.2012 · 21:52 · 1 min
Romania Runs RON1B Budget Surplus In January
Macroeconomics

Romania Runs RON1B Budget Surplus In January

Romania’s consolidated budget posted a surplus of 1 billion lei (EUR229.9 million) in January, equal to 0.2% of the gross domestic product, the Finance Ministry said Friday.

Bogdan Neagu · 24.02.2012 · 17:31 · 1 min
Banks-Insurance

Romania Sells RON122M 15-Year Bonds At 6.98% Average Yield

Romania’s Finance Ministry on Thursday sold 122 million lei (EUR28 million) in 15-year bonds, below the planned amount, at an average yield of 6.98% a year.

Florentina Dragu · 23.02.2012 · 16:00 · 1 min
Banks-Insurance

Romania Sells RON2.5B 2-Year Bonds At 6.36% Average Yield

Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previo...

Bogdan Neagu · 20.02.2012 · 17:38 · 1 min
Raiffeisen Bank’s Head Of Treasury To Be Named Deputy FinMin - Sources
Banks-Insurance

Raiffeisen Bank’s Head Of Treasury To Be Named Deputy FinMin - Sources

Romanian Prime Minister Mihai Ungureanu will appoint Cristian Sporis, head of the treasury department with Raiffeisen Bank, as the new deputy finance minister, people familiar with the matte...

Florentina Dragu · 17.02.2012 · 13:13 · 1 min