Romania’s Ministry of Finance launches 3 Eurobond issuances, including first ever 30-year Eurobonds

Sorin Melenciuc 27/03/2019 | 15:40

The Romanian Ministry of Finance will launch 3 Eurobond issuances this year, including its first ever 30-year Eurobonds.

The Eurobonds have maturities of 7, 15 and 30 years but the Ministry of Finance did not announce the indicative amount.

However, Romania hopes to borrow money from international investors at interest rates of 2.4 percent per year for the 7-year bonds, 3.8 percent for the 15-year bonds and 4.9 percent for the 30-year securities.

The issuance is brokered by Citi, Erste Group Bank AG, ING Bank NV, JP Morgan and Societe Generale.

In October 2018, Romania borrowed EUR 1.75 billion from international financial markets through a two-series Eurobonds issuance, of which EUR 1.15 billion had a 10-year maturity at an interest rate of 2.87 percent and EUR 600 million with a 20-year maturity and a 4.12 percent interest rate.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Sorin Melenciuc | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue