|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