Government borrowing cost reaches fresh 4-year high

Romania’s sovereign 10-year bonds yield, a barometer for the cost of financing in the economy, reached a fresh four years and one month high of 4.895 percent (mid-price or average of the bid and ask prices) on Tuesday, up from 4.85 percent on Monday, amid growing concerns regarding the health of public finances. National Bank of Romania (BNR) data show sovereign 10-year bonds yields rose to 4.79/5 percent on Tuesday, the highest level since May ...

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