Ministry of Finance borrows 290-plus million euros from commercial banks

The Ministry of Public Finance borrowed more than 290 million euros on Monday from the commercial banks, four times more than the scheduled level, by an issue of six-month maturity treasure bills, put on tender through the National Bank of Romania.The average weighted yield of the issue is 5.87 percent.The total value of the issue was 300 million lei and the entire demand from the 12 banks taking part in the tender was 1.73 billion lei.Twelve banks submitted offers to purchase ...

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