Romania sold a more than planned 281.0 million lei ($64.66 million) worth of July 2040 bonds and a planned 500.0 million lei worth of October 2028 bonds on Thursday, with the average accepted yield at 7.26% and 7.33% respectively, central bank data showed.
Debt managers, who had planned to sell 200.0 million lei of the July 2040 paper, last tendered similar bonds in July at an average accepted yield of 7.11%. They had also planned to sell 500.0 million lei of the October 2028 paper and last tendered the bonds in July at an average yield of 7.31%.
Series:
RO677ZOKPGQ8
ROODU3PR9NF9
Issue date
11/08/2025
28/07/2025
Auction date
07/08/2025
24/07/2025
Maturity
30/07/2040
24/02/2038
Avg.yield (pct)
7.26
7.11
Avg. accepted price
99.8995
106.3290
Highest accepted yield
7.26
7.12
Tail (highest yield minus average yield)
0.00
0.01
Total bids
841.2 mln lei
769.1 mln lei
Allotted
281.0 mln lei
438.5 mln lei
Bid-to-cover ratio
2.99
1.75
Series: ROZBOC49U096
Issue date
11/08/2025
16/07/2025
Auction date
07/08/2025
14/07/2025
Maturity
30/10/2028
30/10/2028
Avg.yield (pct)
7.33
7.31
Avg. accepted price
103.8798
104.0258
Highest accepted yield
7.34
7.31
Tail (highest yield minus average yield)
0.01
0.00
Total bids
787.4 mln lei
827.6 mln lei
Allotted
500.0 mln lei
400.0 mln lei
Bid-to-cover ratio
1.57
2.07
($1 = 4.3459 lei)