Listed Bonds Got So Valuable Nobody Wants To Sell Them

04.07.2014 By Roxana Pricop

Deals with bonds and state paper listed on the Bucharest exchange have plummeted to an average value of 560,000 lei per day, similar with the 2005 level, as the interest rates of listed bonds are so attractive that nobody is willing to sell, and those that own them are institutional investors with no short-term needs for cash. Thus, in the lack of new issues, deals are almost inexistent.

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Keywords:
listed bonds
, state paper
, corporate bonds