{"id":12765,"date":"2026-11-03T08:00:50","date_gmt":"2026-11-03T08:00:50","guid":{"rendered":"https:\/\/ofero.news\/?p=12765"},"modified":"2026-11-03T08:00:50","modified_gmt":"2026-11-03T08:00:50","slug":"romania-seeks-to-raise-eur-4-bln-with-fx-bonds-at-5-7-yields","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=12765","title":{"rendered":"Romania seeks to raise EUR 4 bln with FX bonds at 5%-7% yields"},"content":{"rendered":"

Romania returned to international financial markets on November 2 for the second time this year, launching 4- and 8-year Eurobonds, as well as a 12-year green bond issue.<\/p>\n

The Ministry of Finance seeks to raise EUR 4 billion, while subscriptions have already reached about EUR 8.5 billion and are still rising, according to Ziarul Financiar<\/a>.<\/p>\n

Romania’s return to the foreign markets comes after the new government approved the first budget amendment of the year.<\/p>\n

In its first Eurobond issue of 2026, the state borrowed a total of EUR 5 billion, equivalent to only half of the EUR 10 billion it had planned to raise for the entire year. In 2025, the state borrowed more than EUR 16 billion through Eurobonds.<\/p>\n

The 4-year issue was quoted at the opening yesterday at midswap +210 basis points (approximately 5.2% for current mod-swap), while the 8-year issue was quoted at midswap +310 basis points (6.4%). The green Eurobond issue was quoted at midswap +360 basis points (over 7.0%), according to Bloomberg data analysed by ZF. The final borrowing costs subsequently fell below the indicative levels.<\/p>\n

Finance Minister Alexandru Nazare told the government last week that approval of the first budget amendment was vital for Romania’s access to international markets.<\/p>\n

“I believe that by announcing this rectification, we can credibly pave the way for us to use the window of opportunity for a market exit in the coming period.”<\/p>\n

The gross financing requirement for this year was estimated at roughly RON 275 billion. The state planned to borrow RON 160-170 billion from the domestic market and EUR 10 billion through Eurobonds from external markets.<\/p>","protected":false},"excerpt":{"rendered":"

Romania returned to international financial markets on November 2 for the second time this year, launching 4- and 8-year Eurobonds, as well as a 12-year green bond issue. The Ministry of Finance seeks to raise EUR 4 billion, while subscriptions have already reached about EUR 8.5 billion and are still rising, according to Ziarul Financiar. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12765","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12765"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12765\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}