Romania wants to raise the RON equivalent of some EUR 780 million, as well as EUR 250 million from the domestic market in August, by selling treasury certificates, bonds, and euro-denominated bonds, according to Wall-Street.ro.

Five bids for RON bonds are planned for August, one for treasury certificates, and one for euro bonds. The cost paid by the state to borrow money from the market has been going down in recent months, as foreign investors show higher interest, after Romania was included in a JP Morgan index among countries recommended for investments.

Romania’s Finance Ministry borrows EUR 383 mln from local banks

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