Romania’s finance ministry on Monday sold a planned 500 million lei ($125.3 million EUR112.1 million) worth of treasury bonds maturing in March 2021 at an average yield of 2.66%, central bank data showed.
Demand for the bonds was more than double the planned amount, at RON1.2 billion. Romania last sold March 2021 bonds in February, at an average yield of 2.56%.
The issue will be reopened Tuesday, when the finance ministry plans to raise an additional RON75 million at a non-competitive tender.