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Macroeconomics

Romania’s Budget Posts RON829M Surplus In April

Romania’s consolidated budget posted a surplus of 829 million lei (EUR200.1 million) in April, fueled by higher revenue, while the budget deficit for the first four months of 2011 narrowed t...

Bogdan Neagu · 25.05.2011 · 18:11 · 1 min
Banks-Insurance

Treasury Attracts RON500M In 5-Yr Bonds, At 7.34% Yield

Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR121.2 million) in five-year treasury bonds at an average yield of 7.34% a year.

Florentina Dragu · 19.05.2011 · 15:23 · 1 min
Macroeconomics

Romania's Public Debt Rises To RON199B In March

Romania’s public debt rose to 198.9 billion lei (EUR48.3 billion) in March, from RON193.1 billion a month earlier, Finance Ministry data showed Wednesday.

Florentina Dragu · 18.05.2011 · 13:26 · 1 min
Capital Market

Romania Sells RON1.1B In 6-Month T-Bills; Average Yield Falls To 6.29%

Romania’s Finance Ministry on Monday sold 1.12 billion lei (EUR272.8 million) in six-month treasury bills, at an average yield of 6.29% a year, lower than at the previous auction.

Bogdan Neagu · 16.05.2011 · 15:26 · 1 min
Banks-Insurance

BRD: Romania To Borrow EUR1.8B Via MTN Program in 2011

Romania's Finance Ministry will likely sell debt worth EUR1.8 billion via its planned medium term notes program in 2011, while the country’s full-year financing needs are estimated at around...

Florentina Dragu · 11.05.2011 · 17:21 · 1 min
Banks-Insurance

Romania Considers 15-Year State Bond Issue

Romania’s Finance Ministry talks with pension funds and insurance companies about launching 15-year state paper this year if enough critical mass is achieved, state secretary Bogdan Dragoi s...

Bogdan Neagu · 10.05.2011 · 16:05 · 1 min
Banks-Insurance

Romania Sells RON1B 1-Year T-Bills At 6.89% Average Yield

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR243 million) in one-year treasury bills, at an average yield of 6.89% a year, slightly higher than at the previous aucti...

Florentina Dragu · 09.05.2011 · 14:57 · 1 min
Banks-Insurance

IMF: Romania To Launch 1st International MTN Issue By Mid-Year

Romania's Finance Ministry will launch a first international bond issue of its EUR7 billion medium term notes (MTNs) program by the second half of 2011, an official of the International Mone...

Florentina Dragu · 09.05.2011 · 13:01 · 1 min
Capital Market

Romania Sells RON206M 3-Year Bonds At 7.31% Average Yield

Romania’s Finance Ministry on Thursday sold 206 million lei (EUR50.2 million) in three-year bonds, below the planned amount, at an average yield of 7.31%, higher than at the previous auction...

Florentina Dragu · 05.05.2011 · 17:01 · 1 min