Doha: Romania has sold EUR 1.6 billion in bonds on the domestic market to provide liquidity to the public treasury ahead of the country's presidential elections. The bonds, which are set to mature in May and December, are part of the government's strategy to enhance financial liquidity.
According to Qatar News Agency, the Romanian Ministry of Finance released a statement confirming the sale of the bonds. This move is a regular practice for Romania, which routinely issues debt instruments on its domestic market. The timing of this bond issuance is particularly significant as it aligns with preparations for the second round of the presidential elections scheduled for May 18.