Romania cuts coupons on retail bonds as 10-year yield falls under 7%

Romania's Treasury announced lower coupons for the local currency and foreign currency bonds sold to households in November under its two schemes, Tezaur and Fidelis, after it announced that the cost of borrowing (10-year) dropped under 7% for the first time this year.

The Ministry of Finance carried out a successful operation to reduce the refinancing risk of government public debt, it announced on October 31.