Romania Plans Eurobond Sale by July as Yields Decline to Record
This article is for subscribers only.
Romania plans to tap global bond markets by July, following Slovakia in taking advantage of record-low yields, a Finance Ministry official said.
The government is seeking to expand the average maturity of its debt by selling a Eurobond with a term of more than 10 years, Diana Popescu, deputy head of the ministry’s treasury department, said yesterday in a phone interview. She didn’t say how much Romania plans to raise at the sale, which would be the first since October.