Yields ease to 6.32% on Romania's 5-month treasuries.

By bne IntelliNews April 19, 2011
Banks accepted an average yield of 6.32% at yesterdays 5-month treasury auction and purchased by 21% more bills than the target issue size, the central bank reported. The banks placed offers for RON 2.8bn for the RON 1bn auction and eventually purchased RON 1.21bn. The average yield thus decreased from 6.82% in the auction with the closest maturity (6 months) on March 16, witnessing a high volatility of the interest rates on short maturities.

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