Romania to Issue New Bonds

Politics ♦ Published: September 6, 2013; 18:53 ♦ (Vindobona)

Romania plans to generate at least € 1bn from a second bond issue.

Romania to Issue New Bonds / Picture: © Vindobona.org

Romania plans to generate at least EUR 1 billion from the issuance of a second bond this year in an attempt to fill its budget deficit, as reported by Bloomberg newswire, quoting Liviu Voinea, the Romanian Budget Minister. The country aims to raise € 2.5bn on international markets in 2013, issuing $ 1.5bn at a fresh low yield of 4.5 percent in February.

“We will issue this…