Gov’t issues bonds worth 850 RON

The Public Finance Ministry (MFP) on Thursday is to put to auction T-bonds to have a 3-year maturity worth 850 million RON, according to the bond issue schedule of the Ministry.

The Finance Ministry has scheduled auctions in December for government bonds and T-bills worth 4.8 billion lei, after having drawn some 1.72 billion lei from the market in November. On December 21 there will be issued T-Bills to carry a 1-year maturity worth 500 million RON.
The last auction this year was scheduled for December 28, when there will be issues discount T-bills, to be falling in 6-months, worth 500 million RON. The ministry drew roughly 59.7 billion lei from the market in the 11 months of this year, up from 12.5 billion lei in the full-2008.

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