Demand for the new ten-year issue stood at RON342.4 million.

Romania plans to raise RON5.3 billion selling debt on the local market in July.

Earlier this week it borrowed $3.3 billion off international markets selling ten-year and 30-year bonds.

Before that, Romania tapped international markets in May, when it raised EUR3.3 billion. It also raised EUR3 billion in March, before the coronavirus pandemic sharply raised the country’s financing needs. The government is looking to fill a budget gap of RON72 billion this year.

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