Romania Sells RON500 Million of Bonds With Average Yield of 2.77%

Features Dow Jones Newswires

BUCHAREST -(Dow Jones)- Romania's finance ministry on Monday sold a planned 500 million lei ($121 million EUR109.98 million) worth of bonds, central bank data showed, according to news agency Mediafax.

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Demand for the bonds, which will mature in March 2022 and had an average yield of 2.77%, was strong, at RON1.37 billion.

Romania plans to sell RON3.7 billion worth of local currency bonds and bills in May.

Agency Website: www.mediafax.ro

(END) Dow Jones Newswires

May 08, 2017 06:53 ET (10:53 GMT)