BUCHAREST, Sept 16 (Reuters) - Romania's finance ministry sold a planned 500 million lei ($116.37 million) worth of September 2023 treasury bonds on Monday, at an average accepted yield 0f 3.76%, central bank data showed.
Debt managers last issued the paper in August at an average yield of 3.6%.
Romania sold roughly 34.7 billion lei and 506.7 million euros on the local market this year. It tapped foreign markets in March and July for 5 billion euros of 2026, 2031, 2034 and 2049 Eurobonds. Series: ROD9TE7MEES0
Issue date 18/09/2019 28/08/2019 Auction date 16/09/2019 26/08/2019 Maturity 25/09/2023 25/09/2023 Avg.yield (pct) 3.76 3.60 Avg. accepted price 102.3371 102.9782 Highest accepted yield 3.80 3.62 Tail (highest yield minus 0.04 0.02 average yield) Total bids 525.1 mln lei 1.13 bln lei Allotted 500.0 mln lei 600 mln lei Bid-to-cover ratio 1.1 1.9 ($1 = 4.2966 lei)