Treasury
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Treasury finally successful in borrowing cheaper as year draws to a close
The state paid less for the money borrowed in the last few weeks, with banks accepting lower yields given the surplus short-term cash on their hands, despite having asked for higher interests in the summer using the sovereign risk as an argument.
How Treasury will finance next year's public debt
The overall public debt service will climb to 55.5 billion RON (around 13 billion euros), 12% above this year's level, according to estimates of the Finance Ministry, amplifying the state's...
State borrows RON over seven years at 7%
The Romanian state manages to borrow increasingly cheap on the local market, despite the social tensions and the deteriorated situation on international financial markets.
Badea, UniCredit: In 2009, the treasury saved the bank's profit
Revenues generated by the treasury, amid high volatility on the financial markets, rose by 50% against 2008 and largely offset the decline registered on the commercial operation segment as a...
Treasury sells 300m-euro bonds to banks
The State Treasury will put up for sale, on August 14, euro-denominated bonds worth 300m euros, according to an announcement recently published by the NBR, which acts on behalf of the state...
No treasury certificates for foreigners yet
The issues of treasury certificates, which could be launched by the Ministry of Finance until September will not be directly accessible to foreign investors, with specifications to be made f...
No Treasury bills for non-residents yet
Romania does not allow foreign investors to access the market of Treasury bills issued in RON yet, despite the public perception that the deregulation has actually taken effect as of January...