FinMin borrows 211 mln euros from commercial banks

The Public Finance Ministry on Thursday drew roughly 211 million euros (917.17 million lei) from the commercial banks by an issue of benchmark government bonds maturing on Oct. 25, 2014, reveals information sent by the National Bank on Thursday. (1 euro=4.34 lei)The yield is of 6.95 percent per annum and the banks purchased in their own name and on their own account only, with the offer having been 100 percent sold.A bond was worth 10,000 lei and the issue was ...

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