Romania's Finance Ministry raises EUR 113 mln via 5-year bonds

Romania’s Finance Ministry raised RON 500 million (some EUR 113 million) by reopening a five-year bond issuance, with a residual maturity of 4 years and 10 months, at an average yield of 3.3 percent, reports local Capital. Banks submitted bids of over RON 1 billion (EUR 226 million). The auction will be followed on Tuesday, July 15, by an additional session of non-competitive offers, through which the Treasury wants to borrow RON 75 million (EUR 16.9 million). Romania wants to attract EUR 91 mln via 7-year bonds Romania sells 10-year Eurobond at 3.7% yield Romania raises EUR 111 mln via bond issuance Irina Popescu, irina.popescu@romania-insider.com