Romania raises EUR 111 mln via government bonds

Romania’s Ministry of Finance has attracted RON 500 million (or some EUR 111 million) by selling government bonds at an average yield of 4.08 percent per year. The maturity date of the bonds is April 30, 2016 and the Finance Ministry received total subscription orders worth RON 633.3 million, according to information on the Central Bank’s website. Romania has attracted some RON 6.2 billion and EUR 278 million by selling bonds this year on the domestic market. Also, in January this year, Romania has attracted USD 2 billion via two bond issuances on international markets, with maturities of 10 and 30 years. Irina Popescu, irina.popescu@romania-insider.com