BNR official: Romania must wait for market sentiment to settle, before a new bonds issue

Romania must wait for the market sentiment to settle down before borrowing again from the foreign capital market, says deputy governor of the National Bank of Romania (BNR) Cristian Popa. 'We used to talk in August-September about the net issues from emergent markets. The investors' sentiment was much better in late October-early November only to worsen now again. I do not have any idea how it will look like in two weeks or a month or at the beginning of 2012. We have to wait for ...

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