Romania is selling 2 billion euros ($2.3 billion) of Eurobonds, following regional peers Poland and Lithuania into the international debt markets and offering its longest-ever maturities in the common currency.
The European Union’s second-poorest nation is offering 20-year euro-denominated bonds at 245 basis points above mid-swaps and 10-year bonds at 190 basis points above mid-swaps, according to a person with knowledge of the offering who isn’t authorized to speak publicly and asked not to be identified. The Finance Ministry is selling 750 million euros of 20-year bonds and 1.25 billion euros of 10-year debt.
