Romania Raises RON248.8 M Selling June 2023 Bonds at 4.41% Average Yield

Romania's finance ministry on Monday raised 248.8 million lei (EUR53.19 million) out of a planned RON400 million selling treasury bonds maturing in June 2023 at an average yield of 4.41%, central bank data showed.

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Demand amounted to RON327.8 million.

This is the second bond tender this year where the government failed to raise the planned amount due to low demand and high interest rates.

Romania last sold June 2023 bonds in December 2018 at an average yield of 4.34%.

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