MFP borrows 400 million euros from banks on Thursday

The Public Finance Ministry (MFP) on Thursday borrowed 400 million euros from the local commercial banks, in a tender of government bonds carrying a 3-year maturity and 23-month residual maturity respectively.The average yield of 2.76 per cent was slightly higher than the one recorded at a similar tender in August, of 2.61 per cent. The banks bids totalled 981.6 million lei.The Thursday ...

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