Yields on Romanias 3-year bond down to 6.14%.

By bne IntelliNews December 21, 2012
The yield in the latest auction of 34-month maturing bonds staged by Romania's Treasury was set at 6.14%, while the issue size was raised to RON 3.4bn from an initial RON 300mn, the country's central bank said. The issue was a re-opening of a benchmark bond and the yield in the previous opening, on November 28, was 6.61%. The results confirm the general decrease in the cost of financing on the domestic market for the Romanian Treasury after the parliamentary elections on December 9.

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