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FINANCE MINISTRY

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Banks-Insurance

Romania Sells RON98.4M 10-Year Bonds At 7.65% Average Yield

Romania’s Finance Ministry on Thursday sold 98.4 million lei (EUR22.8 million) in 10-year treasury bonds, well below the planned amount, while the average yield rose to 7.65% a year.

Florentina Dragu · 22.09.2011 · 15:38 · 1 min
Macroeconomics

Romania Bound To Revise 2012 GDP Growth Estimate - Deputy Finmin

Romanian authorities are very likely to revise their economic growth forecast for 2012, factoring in the developments in the European Union countries, an official of the Finance Ministry sai...

Florentina Dragu · 21.09.2011 · 12:52 · 1 min
Banks-Insurance

Romania Sells RON657M 9-Month T-Bills At 6.7% Average Yield

Romania’s Finance Ministry Monday sold nine-month treasury bills worth 657.1 million lei (EUR153.5 million), above the planned amount, at an average yield of 6.74% on the year.

Florentina Dragu · 19.09.2011 · 15:17 · 1 min
Social/Politics

Romania To Make Procedural Changes In Public Procurement Law

Romania's Finance Ministry is proposing a series of changes to public procurement procedure, with a view to eliminating blockage and red tape, and accelerating the absorption of structural f...

Radu Bostan · 16.09.2011 · 18:41 · 1 min
Banks-Insurance

Romania Sells RON180M 3-Year Bonds At 7.5% Average Yield

Romania’s Finance Ministry on Thursday sold 180.1 million lei (roughly EUR42 million) in three-year bonds, well below the planned amount, while the average yield rose to 7.49% a year.

Florentina Dragu · 15.09.2011 · 16:27 · 1 min
Banks-Insurance

Romania Sells RON1.2B 1-Year T-Bills At 6.76% Average Yield

Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR280 million) in one-year treasury bills, at an average yield of 6.76% a year, slightly higher than at the previous auc...

Florentina Dragu · 12.09.2011 · 15:37 · 1 min
Romania Sells RON1B 1-Year T-Bills; Yield Rises To 6.7%
Banks-Insurance

Romania Sells RON1B 1-Year T-Bills; Yield Rises To 6.7%

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR235 million) in one-year treasury bills, at an average yield of 6.73% a year, higher than at the previous auction.

Florentina Dragu · 05.09.2011 · 15:55 · 1 min
Banks-Insurance

ING: Romania Likely To Accept Higher Yields At Debt Sales

The Romanian Finance Ministry is likely to accept higher yields to meet its current borrowing targets, after it failed to raise a planned 4 billion lei (EUR0.94 billion) at state auctions in...

Florentina Dragu · 05.09.2011 · 14:37 · 1 min
Finance Ministry Prepares To Tap Wall Street
Banks-Insurance

Finance Ministry Prepares To Tap Wall Street

Romania's Finance Ministry wants to raise money from the U.S. market this fall by selling US dollar-denominated bonds in a bid to diversify attracted resources and also find other investors...

Oana Gavrila · 05.09.2011 · 00:00 · 2 min