Romania raises EUR 750 mln in Eurobond sale

Newsroom 05/09/2012 | 12:51

Romania successfully raised EUR 750 million on international financial markets, after issuing bonds with a six year maturity at yields of between 5.10 and 5.15 percent, said the Finance minister Florin Georgescu on Monday.

Investors’ sentiment seems to have improved from last September, when the country raised EUR 1.5 billion in a 5-year euro-denominated bond sale that yielded at 5.25 percent.

The lead banks that handled the latest bond deal were BNP Paribas, Deutsche Bank, JP Morgan and UniCredit.

“It is a sign coming from where we were expecting less, the financial markets (…) that its extraordinary in this difficult period for Romania and Europe,” said PM Ponta today.

Romania tapped the US market for the first time in sixteen years this winter and raised USD 750 million. The country plans to get around EUR 2.5 billion from bond auctions this year, according to a program of the Ministry of Public Finance.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    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