Romania cuts through curve in triumphant return to euro 10s
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Emerging MarketsCEE

Romania cuts through curve in triumphant return to euro 10s

Bucharest px230

Romania priced its longest dated euro transaction in six years on Tuesday, as part of a comprehensive effort to push out the maturity of its public debt. The sovereign priced a €1.25bn 10 year note inside its secondary curve, and with the lowest coupon Romania has ever paid for an international bond issue.

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