October 17 (SeeNews) - Romania's finance ministry sold on Thursday 200 million lei ($47 million/42 million euro) of a new issue of Treasury bills maturing on October 19, 2020, in line with target, data from the country's central bank showed.
The average accepted yield was 3.13%, while demand totalled 381.4 million lei, the data indicated.
Also on Thursday, the finance ministry sold 150 million lei worth of 2034 T-bonds.
Details on the issue follow:
Auction date |
October 17 |
Amount offered (mln lei) |
200.0 |
Amount sold (mln lei) |
200.0 |
Total bids placed (mln lei) |
381.4 |
Bid-to-cover ratio |
1.9 |
Yield (%) |
3.13 |
Since the beginning of 2019, the finance ministry has sold roughly 38.5 billion lei and 507 million euro ($568 million) worth of domestic government securities.
It also tapped foreign markets for 5 billion euro worth of 2026, 2031, 2034 and 2049 Eurobonds.
(1 euro=4.7550 lei)