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Romania rejects all bids for 500 mln lei (101 mln euro) of 2026 T-bonds - table

Romania rejects all bids for 500 mln lei (101 mln euro) of 2026 T-bonds - table

BUCHAREST (Romania), June 27 (SeeNews) - Romania's finance ministry on Monday rejected all bids for 500 million lei ($107 million/101 million euro) of new Treasury bonds maturing on June 24 2026, data from the country's central bank showed.

Total bids placed totaled 332 million lei, below the sum asked by the ministry, the data indicated.

The issue will be reopened on Tuesday, when the finance ministry hopes to raise 45 million lei in a non-competitive tender.

Details on the issue follow:

Auction date June 27
Amount offered (mln lei) 500.0
Amount sold (mln lei) 0
Total bids placed (mln lei) 332.0
Bid-to-cover ratio -
Yield (%) -

Romania's finance ministry said it intends to sell 4.5 billion lei worth of government securities in June, including 555 million lei worth of debt in non-competitive offers.

So far this year, Romania has sold just roughly 22.2 billion lei worth of bonds and has tapped foreign markets for 2.5 billion euro ($2.63 billion) worth of 2028 and 2034 eurobonds, as well as $3.85 billion worth of dollar bonds.

(1 euro=4.9459 lei)

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