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Romania cuts coupons attached to retail government bonds by 25-30bp

Romania’s Ministry of Finance announced that yields on government bonds under the Fidelis scheme for households will be lower in February than in January – by 25 to 30 basis points. The decrease follows another 40-45 bp cut during Q3 last year and will bring the yields to 6.15%-7.25% for local currency bonds with 4-6 year maturities and 3.6%-6.0% for bonds denominated in euros with maturities of 3-10 years.