02.24.2012

Romania’s consolidated budget posted a surplus of 1 billion lei (EUR229.9 million) in January, equal to 0.2% of the gross domestic product, the Finance Ministry said Friday. more

02.23.2012

Romania’s Finance Ministry on Thursday sold 122 million lei (EUR28 million) in 15-year bonds, below the planned amount, at an average yield of 6.98% a year. more

02.23.2012

Longer maturities on government bonds, a clear bond issuing calendar for the whole year, as well as sticking to the amounts in the issuing prospectus are the main recommendations of analysts for the more

02.21.2012

Romanian lending broker KIWI Finance on Tuesday announced that it has switched to profit in 2011, after three consecutive years of loss, while turnover jumped 140% to 6 million lei (EUR1.38 million). more

02.20.2012

Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previous more

02.17.2012

Romanian Prime Minister Mihai Ungureanu will appoint Cristian Sporis, head of the treasury department with Raiffeisen Bank, as the new deputy finance minister, people familiar with the matter said more

02.16.2012

Romania’s Finance Ministry on Thursday sold 500 million lei (roughly EUR115 million) in five-year bonds, above the planned amount, at an average yield of 6.75% a year, lower than at the previous more

02.15.2012

Lending granted by non-bank financial institutions (NBFIs) included in the special register of the Romanian central bank narrowed by 14% in the past two years and reached 29.4 billion lei (EUR6.7 more

02.13.2012

Romania’s Finance Ministry on Monday sold 1.5 billion lei (EUR345 million) in one-year treasury bills, almost double the planned amount, at an average yield of 5.8% a year. more

02.10.2012

Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization of more

02.06.2012

Romania’s Finance Ministry on Monday sold 1.85 billion lei (EUR427 million) in one-year treasury bills, above the planned amount, while the average yield fell slightly to 5.9% a year. more

02.02.2012

Romania’s Finance Ministry on Thursday sold 1.3 billion lei (EUR299 million) in three-year bonds, above the planned amount, at an average yield of 6.79% a year, lower than at the previous auction. more

02.01.2012

Romania’s Finance Ministry attracted the highest financing offer in dollars ever registered by a country in the region. more

01.31.2012

Romania sold 10-year bonds worth $1.5 billion in its first auction on the American market in 16 years, at an annual yield of 6.875%, deputy finance minister Bogdan Dragoi said Tuesday. more

01.31.2012

Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesday. more

01.31.2012

Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in February, compared with RON9.9 million sold in the previous month, ministry data showed Tuesday. more

01.23.2012

Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.27 billion lei (EUR292 million), more than quadruple the planned amount, while the average yield fell to 5.87% a year. more

01.19.2012

Romania’s Finance Ministry on Thursday sold 436 million lei (EUR100.3 million) in five years bonds, above the planned amount, at an average yield of 7% a year, lower than at the previous auction. more

01.17.2012

Economic-financial inspections at Romanian state-owned companies will check the steps taken by the management to bring in revenue, and reduce expenses and arrears, says a Government decision drafted more

01.16.2012

Romania’s Finance Ministry on Monday sold 3.46 billion lei (EUR797 million) in one-year treasury bills, more than double the planned amount, while the average yield fell slightly to 6.21% a year. more

01.12.2012

Romania’s Finance Ministry on Thursday sold 917.2 million lei (EUR211 million) in three-year bonds, above the planned amount, at an average yield of 6.95% a year, lower than at the previous auction. more

01.10.2012

Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped off their more

01.09.2012

Romania’s Finance Ministry on Monday sold 2.38 billion lei (EUR546 million) in one-year treasury bills, almost double the planned amount, at an average yield of 6.23% a year, lower than at the more

01.05.2012

Romania’s Finance Ministry on Thursday sold two-year bonds worth 1.48 billion lei (EUR342 million), double the planned amount, in the first debt sale of the year, at an yield slightly lower than at more

01.04.2012

The stock exchange started the year on Wednesday and investors hope to leave behind the unpleasant memory of the 2011 losses as soon as possible. But brokers are not very optimistic about the more