Romania sells 496 mln lei (109 mln euro) in 2022 T-notes, yield rises

Romania on Monday sold 496 million lei ($123 million/109 million euro) worth of Treasury notes maturing on December 19, 2022, below its target, central bank data showed quoted by seenews.com. The average accepted yield was 2.93%, up from 2.81% achieved at the previous auction of government securities of the same issue held in June, the data indicated. Demand for the T-notes, which carry an annual coupon of 3.50%, fell to 656 ...

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