Romania targets institutional fund managers with €200m bond

Wednesday 25 October 2000 at 16:00

The Romanian government is trying to break into the European institutional investor base for the first time with its planned €200m ($167m) bond sale.

Cristian Popa, deputy governor of the National Bank of Romania, said: &quotWe are trying to diversify our investor base. The five-year bond will hopefully sell more to the institutional investor community than the retail one.&quot