Romania Sells RON228M 3-Year Bonds At 2.15% Average Yield

07.02.2015 By Bogdan Neagu

Romania’s Finance Ministry on Thursday sold three-year bonds worth 228 million lei (EUR51 million), lower than the targeted amount, at a slightly higher yield.

The average yield for the bond due in January 2018 was 2.15%, up from 2.1% on June 4, when the treasury last reopened the bond issue, selling RON162 million.

Book orders amounted to RON463 million, and the maximum accepted yield was 2.18%, central bank data showed.

The issue will be reopened tomorrow in a bid to raise RON45 million at a supplementary non-competitive sale.