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Treasury borrows 60 million lei from banks in additional bidding session

The Ministry of Public Finance (MFP) borrowed 60 million lei from local banks on Tuesday, in a noncompetitive bid session following the Monday bonds issue through which it drew 400 million lei at 3.95 percent yield.Three banks bid a total amount of 109.2 million lei in the Tuesday noncompetitive bids session.MFP's Monday issue consisted of bonds with three-year residual maturity; it brought 400 million lei at an average ...

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