26.3 C
May 20, 2022

USD bond issue on US market, resumed

Romania resumed yesterday its ten-year USD bond emission on the US market with a 6.75 pc-coupon, announcing an estimative yield of 6.5 pc, Mediafax reports. By order of the Public Finance Ministry, the indicative value was set at USD 500 M to 1bln. In late January Romania issued USD 1.5bln-worth of ten-year bonds, at a yield of 6.875 pc. After a 16 years’ absence from the American market, Romania needed two road shows to persuade USD investors that it had already adopted the belt-tightening measures that other European countries are barely beginning to discuss.

Related posts

New car registrations up 10 pc

Nine O' Clock

Thoughtworks entered for the first time in the Top 25 Brand Finance Report of the most powerful IT service brands


Colliers: The hotel market could begin recovery this autumn if it restarts operations during the holiday season