Limun.hr - Romania Plans To Issue 3.8 Bln Lei (865 Mln Euro) of Debt in May

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Romania Plans To Issue 3.8 Bln Lei (865 Mln Euro) of Debt in May

27.4.2012 15:06:00 | Author/Source www.seenews.com

Romania plans to issue 3.8 billion lei ($1.1 billion/865 million euro) worth of government securities in May to re-finance public debt and shore up its budget deficit, the finance ministry said on Friday.

The ministry will auction 3.05 billion lei worth of benchmark T-notes and 750 million lei worth of 12-month T-bills next month, it said in a statement.

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