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FINANCE MINISTRY

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Banks-Insurance

Romania Rejects All Bids In 5-Year Bonds Sale

Romania’s Finance Ministry on Thursday rejected all bids in a 500 million lei (EUR118.2 million) bond sale, citing high yields.

Florentina Dragu · 01.09.2011 · 16:25 · 1 min
Romania's Public Debt Widens To RON214B In June
Macroeconomics

Romania's Public Debt Widens To RON214B In June

Romania’s public debt rose to 214.02 billion lei (EUR50.7 billion) in June, from roughly RON201 billion a month earlier, Finance Ministry data showed Wednesday.

Florentina Dragu · 31.08.2011 · 13:20 · 1 min
Romania To Hire Advisor On USD Bond Issue By September 6
Banks-Insurance

Romania To Hire Advisor On USD Bond Issue By September 6

Romania’s Finance Ministry is looking to hire a legal advisor to extend its medium term notes (MTN) program by including US dollar-denominated bonds, the ministry said in a statement Wednesd...

Florentina Dragu · 31.08.2011 · 13:03 · 1 min
Banks-Insurance

Finance Ministry Plans To Sell RON4.7B Treasuries In September

Romania’s Finance Ministry plans to sell state paper worth 4.7 billion lei (EUR1.1 billion) in September, up from roughly RON2.6 billion sold a month earlier, ministry data showed Monday.

Florentina Dragu · 29.08.2011 · 16:07 · 1 min
Banks-Insurance

Finance Ministry Sells RON226.5M 10-Year Bonds; Yield Rises To 7.6%

Romania’s Finance Ministry on Thursday sold 226.5 million lei (EUR53.2 million) in 10-year treasury bonds, below the planned amount, while the average yield rose to 7.59% a year.

Florentina Dragu · 25.08.2011 · 15:27 · 1 min
Social/Politics

Companies To Pay Social Contributions For Employees Earning Salaries, Copyright Income

Romanian companies will pay social security contributions for their freelance staff, if these employees also have a work contract with the same company, as well as for freelance activities c...

Radu Bostan · 22.08.2011 · 17:06 · 1 min
Capital Market

Romania Rejects All Bids In 1-Year T-Bills Sale

Romania’s Finance Ministry Monday rejected, for the first time since March, all bids in a 900 million lei (EUR211.2 million) one-year state paper auction, central bank data showed.

Bogdan Neagu · 22.08.2011 · 15:33 · 1 min
Banks-Insurance

Romania Sells RON600M 3-Year Bonds At 7.34% Average Yield

Romania’s Finance Ministry on Thursday sold a planned 600 million lei (EUR141 million) in three-year bonds, at an average yield of 7.34% a year, higher than at the previous auction.

Florentina Dragu · 18.08.2011 · 16:51 · 1 min
Romania Sells RON700M 1-Year T-Bills; Yield Rises To 6.6%
Capital Market

Romania Sells RON700M 1-Year T-Bills; Yield Rises To 6.6%

Romania’s Finance Ministry on Tuesday sold a planned 700 million lei (EUR164 million) in one-year treasury bills, at an average yield of 6.64% a year, higher than at the previous auction.

Bogdan Neagu · 16.08.2011 · 15:52 · 1 min