Romania has borrowed USD 1.2bn, RON 74bn funding needed in 2018

The Romanian state has emerged on international bond markets and attracted USD 1.2 billion due in 30 years, with investors offer being much higher than expectations, romaniajournal.ro informs. The state’s paid return is 5.2%, similar to a bond issue in USD in 2014, also for 30 years. The funding required for 2018 is of over RON 74 billion. Investors have provided a total of USD 1.8 billion, despite the fact that most analysts estimated that the ...

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