Treasury borrows 60 million lei from banks in additional bidding session
Wednesday, May 14, 2014
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 ...