Tuesday, December 22, 2009

Romania sells 670.6 mln lei in 1-yr T-bills

BUCHAREST, Dec 21 (Reuters) - Romania sold 670.6 million lei ($228.6 million) in one-year treasury bills on Monday with the average accepted yield unchanged at 10 percent, central bank data showed. 

The finance ministry had planned to sell 500 million lei.

The ministry has sold a little under 64 billion lei in local currency bills and bonds so far this year, five times more than in 2008 as it struggles to plug a vast fiscal deficit.

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