Romania Raises RON320M Selling June 2024 Bonds at 4.29% Average Yield

Romania's finance ministry on Thursday raised 320 million lei (EUR67.4 million) selling treasury bonds maturing in June 2024, the new five-year benchmark, at an average yield of 4.29%, central bank data showed.

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Demand amounted to RON730 million and the ministry upsized its initial plan to raise RON200 million.

The country last sold June 2024 bonds in January at an average yield of 4.73%.

The finance ministry plans to raise around RON2 billion in February selling state paper on the local market.

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