On Thursday, Romania sold EUR1.5 billion in five-year bonds. The issue has a coupon of 5.25% and is due on June 17, 2016.
The rating is in line with Romania’s ‘BB+’ Long-term foreign currency Issuer Default Rating, FItch said.
Banks-Insurance
Fitch Rates Romania's EUR1.5B 5-Year Bond Issue 'BB+'
Fitch Ratings on Friday said it has assigned a rating of BB+ to Romania's EUR1.5 billion Eurobond, the first issue of the country's EUR7 billion medium term notes (MTN) program.