Romania's Treasury has issued a new bond on the local market with a maturity of 92 months, at an average yield of 6.4%, the central bank, which handles such primary issues, said on its website. The issue's success ratio was 83%, as the Treasury drained RON 417mn (EUR 93.4mn) of the RON 500mn target. Demand totalled RON 906.6mn as such oversubscriptions have constantly happened in past years. The issue was one of the few long-term issues placed by Romania therefore a direct comparisons regarding the yield is difficult. A 111-month bond was issued in early March at the average yield of 6.75%, while earlier this week the Treasury set an average yield of 6.15% for a 62-month bond issued. |
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