FINANCE MINISTRY
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Romania 3Q GDP Growth Has Little Effect On Budget Revenue
Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to...
Romania Could Tap Foreign Markets For EUR2.8B In 2012
The Romanian Finance Ministry plans to borrow EUR1.3 billion from international markets to cover half of next year’s budget deficit, but the total amount attracted from foreign creditors cou...
Romania Sells RON1.39M 6-Month Bills At 6.5% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.39 billion lei (EUR317 million), above the planned amount, at an average yield of 6.51% a year, lower than at the p...
Romania Taps US Debt Market For Up To $2 Billion
Romania will offer up to $2 billion of medium-term bonds in a US debt sale scheduled for the end of November, the second international auction this year and the first dollar-denominated bond...
Romania Sells RON1B 1-Year T-Bills At 6.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR229 million) in one-year treasury bills, at an average yield of 6.64% a year, lower than at the previous auction.
Romania Sells RON500M 2-Year Bonds At 7.2% Average Yield
Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.7 million) in two-year bonds, at an average yield of 7.23% a year, slightly lower than at the previous auction.
Romania Plans To Sell RON4.5B Treasuries In November
Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.04 billion) in November, more than double from RON2.13 billion sold a month earlier, ministry data showed Mon...
Can The Finance Ministry Keep Interest Spending Under Control?
The government’s interest spending, which has tripled in the last three years, will continue to rise, making it into an important risk factor for fiscal control. Payment obligations will inc...
Romania Sells RON735.6M 1-Year T-Bills At 6.8% Average Yield
Romania’s Finance Ministry on Monday sold 735.6 million lei (EUR170.1 million) in one-year treasury bills, below the planned amount, at an average yield of 6.82% a year, barely changed from...