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Romania’s households allocate third of Fidelis state bond placements to 10-year EUR issue in March

The volume of state bonds sold by the Romanian Treasury in March was, to a significant extent, supported by the households’ preference for long-term bonds denominated in foreign currency. The 10-year issue denominated in euros, with a 6% coupon, attracted EUR 92 million, the equivalent of RON 467 million, or more than a third of the total subscriptions. [...]