Bloomberg Warns of New Risks Post-Election: Romanian Eurobonds Trade at Junk-Level Amid Political Uncertainty

Romania’s euro-denominated government bonds are now trading at levels similar to junk-rated debt, following months of political instability. According to a Bloomberg analysis, the upcoming presidential runoff this weekend introduces new risks, particularly for the Romanian leu and local-currency debt.   While a Nicusor Dan victory could temporarily calm financial markets, investors say George Simion ...

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