Financial
September 19, 2013 17:00
Romania raised EUR1.5 billion in a seven-year euro-denominated bond transaction arranged by Citigroup, HSBC, Deutsche Bank and Societe Generale. The said amount was raised at 295 points over the reference mid-swap rate which at this point is around 1.825%, meaning that the yield of the bonds is 4.77%. Also, the order books amounted to EUR6.2 billion, exceeding more than four times the maximum amount targeted by the Romanian Ministry of Finance. Up to this point, Romania has sold nearly EUR 7 billion in leu-denominated notes and around EUR1.4 billion in three euro-denominated auctions....more »
September 19, 2013 16:57
Despite the losses reported by the financial and banking sectors over the past years, the foreign shareholders of banks, insurers and leasing companies of Romanian subsidiaries allocated EUR 240 between in January and July 2013 to capital increases...more »
September 18, 2013 10:21
The first seven months of 2013 saw a decrease of over 30 percent in the foreign direct investment (FDI) figures hitting an almost all times low. In 2012, the volume of  FDI in Romania amounted EUR 1.6 billion, the minimum of the past ten years....more »
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