This is the second auction of a EUR7 billion medium-term notes program launched in 2010 and the first one in US dollars in over a decade.
The ministry has hired Citigroup, HSBC and Deutsche Bank to run the sale.
Banks-Insurance
Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%
Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesday.