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October 26, 2020

In 4-5 months, Romania will be able to float state bonds on international markets

The Ministry of Public Finance (MFP) is in process of upgrading its medium-term state bonds programme (MTN), which provides for the Treasury being able to float state bonds on international markets within 4-5 months from now, MFP state secretary Bogdan Dragoi announced Friday. According to the source, the decision to improve the Medium Term Notes programme has been made taking into account the interest shown by funds. The official also explained that the ministry will follow the same principle of having a balanced financing on both home and foreign markets. Romania last week attracted EUR 1.5 bln from the sale of 5-year state bonds, with the subscribed sum amounting to EUR 3 bln.

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