Romania plans to issue longer-term domestic debt.

By bne IntelliNews December 19, 2011
Romania is ready to issue longer-term domestic debt in an attempt to accommodate investors demand, daily Ziarul Financiar quoted finance minister Gheorghe Ialomitianu as saying. The share of short-term debt in the total debt issued by the Treasury decreased from 82% in 2009 to 75% in 2010 and 65.8% in Jan-Nov 2011, the daily said. But the large volume of outstanding T-bills, amounting to 15.8% of the countrys total EUR 49bn (38.8% of GDP), is often mentioned by analysts as a vulnerability in the light of rising investors risk aversion.

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