Romania sold a slightly less than planned RON 493.1 million ($129.54 million) worth of June 2023 treasury bonds on Monday, with the average accepted yield at 4.27 percent, central bank data showed.
Concerning the CEE markets, the Central European government bonds tested multi-week highs on Monday and the region’s most liquid currencies eased as a rise in Treasury yields attracted a flow of funds into U.S. assets.
Regarding the market liquidity, the Romanian Central Bank sterilised 18 billion lei of market liquidity on Monday via a one week deposit tender at 2.25 percent. The move effectively provides monetary tightening through a liquidity cut.
Read more on the top factors to watch on the Romanian and CEE markets, on DailymailOnline.