Romania sells 562 mln lei of April 2035 bonds, sells 1.72 bln lei of 11-month T-bills
2024-12-12
Category: economic

Romania sold a less than planned 562 million lei ($118.84 million) worth of April 2035 bonds, and a more than planned 1.72 billion lei worth of 11-month treasury bills on Thursday, at an average accepted yield of 7.18% and 6.49% respectively, central bank data showed.  
Debt managers, who had planned to sell 600 million lei of the 2035 bonds, last tendered them in November at an average yield of 7.15%. They had also planned to sell 500 million lei of the new one-year treasury bills. Romania last sold similar bills in November at an average yield of 5.94%. 
Series: RODFIUK7ZV55
Issue date
16/12/2024
25/11/2024
Auction date
12/12/2024
21/11/2024
Maturity
25/04/3035
25/04/2035
Avg.yield (pct)
7.18
7.15
Avg. accepted price
96.9021
97.1087
Highest accepted yield
7.19
7.16
Tail (highest yield minus average yield)
0.01
0.01
Total bids
861.6 mln lei
778.8 mln lei
Allotted
562.0 mln lei
500.0 mln lei
Bid-to-cover ratio
1.53
1.56
Series:
ROGLBFYZC968
R00YW8TJIY78
Issue date
16/12/2024
11/11/2024
Auction date
12/12/2024
07/11/2024
Maturity
26/11/2025
27/10/2025
Avg.yield (pct)
6.49
5.94
Avg. accepted price
94.1453
94.5364
Highest accepted yield
6.50
5.97
Tail (highest yield minus average yield)
0.01
0.03
Total bids
2.17 bln lei
604.5 mln lei
Allotted
1.72 bln lei
400.0 mln lei
Bid-to-cover ratio
1.26
1.51
($1 = 4.7292 lei)