Romania's finance ministry has rejected all bids placed by commercial banks at its latest one-year T-Bills auction, Agerpres news agency reported on Monday, August 20. The ministry offered RON 500mn (EUR 111mn) worth of T-Bills and the banks placed bids totalling RON 864.2mn. However, the ministry considered the offered yields unacceptable and therefore allotted no T-Bills. We remind that on Aug 6 the finance ministry offered and sold RON 700mn of 12-month T-Bills at an average yield of 5.66%. The ministry plans to sell some RON 2.5bn in debt paper in August, up from RON 1.5bn sold in the previous month. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more