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05-Feb-2018
In a single day, Romania has borrowed 2 billion! Fa announcement
Index Stiri.ro
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euro! Announcement of Ta! , The deal is part of the external financing plan which relates to
the year 2018, thus ensuring the issue an important part Romania needs financing from
foreign markets this year, at the same time, consolidating the financial reserve currency at
available to the Treasury. At the same time, through maturitatile, Romania aimed to achieve
the aim of extending the maturitati curve in euros ", explained the Ministry of public finances
through a press release. The issue has been intermediata by the Barclays Bank PLC, Erste
Group Bank AG, Societe Generale, Unicredit and ING Bank NV. MPF may argue that the
two parts have been completed, at the lowest rates of reference margin over mid-swaps for
maturitatile issued ". Thus, for the maturity of 12 years, has achieved a yield of 2.585
percent and for the issuance of 20 years was obtained at low cost on this maturitati with a
yield of 3.45%, dropping towards the issue with the same maturity in October 2015 at a yield
of 3.93% (which was subsequently reopened in February 2016 at a yield of 3.90 per cent
and in April 2017 at a yield of 3.55 percent)., issuance of issuance made yesterday is not a
particular loan, but is a common tool that the Ministry Public finance to ensure the needs of
il uses financing of budget deficit and public debt refinancing. However, these broadcasts
reflect the perception of the investment environments and financial markets over the long
term evolution of Romania. Suprasubscrierea of the two installments of the show, as well as
diversifying investment base on both types of investors, and geographically reflects longterm
confidence in the economic development of our country. This show fits perfectly in the
debt management strategy of the Government aiming at extending the maturity of the debt
portfolio and thus reducing the risk of refinancing, consolidating its currency reserve
Treasury, as well as minimizing long-term costs related governmental loans, "said Finance
Minister Eugen Teodorovici. Details of the distribution by type of investors and related
geographical distribution of two tranches: tranche For 12 years was the following
geographical distribution: USA (19%), Central and Eastern Europe (16%), Germany/Austria
(16%), Romania (14%), France/Benelux (9%), Italy (9%), Switzerland (6%) and UK (5%). In
terms of the types of investors, money managers prevailed (62%), being followed by
commercial banks and private banks (25%), pension funds and insurance companies (8%),
banks (5%) and other investors (1%).-For 20 years trance geographic distribution was the
following: UK (33%), Germany/Austria (32%), USA (10%), Switzerland (6%), Italy (5%),
France/Benelux (4%), Central and Eastern Europe (3%) and Scandinavia (2%). In terms of
the types of investors, prevailed money managers (72%), being followed by commercial
banks and private banks (12%), pension funds and insurance companies (8%), banks (6%)
and other investors (4%).