Romania Raises RON1.16B Selling Feb 2029 Bonds at 4.17% Average Yield

Romania's finance ministry on Thursday raised 1.163 billion (EUR244 million) selling bonds maturing in February 2029 at an average yield of 4.17%, central bank data showed.

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Demand amounted to RON2.283 billion and the ministry allocate more than double its initial target of RON500 million.

Romania last sold February 2029 bonds in December 2019 at an average yield of 4.67%.

The government plans to raise at least RON5 billion selling state paper on the domestic market in February.

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