Demand was more than double the offered amount, standing at RON1.29 billion. The ministry allocated more than its initial offer of RON600 million.
Romania last sold September 2023 bonds in June at an average yield of 4.02%.
Banks-Insurance
Romania Raises RON706.5M Selling Sept 2023 Bonds at 3.89% Average Yield
Romania's finance ministry on Monday raised a higher than planned 706.5 million lei (EUR149.5 million) selling treasury bonds maturing in September 2023 at an average yield of 3.89%, central bank data showed.