Fin Min Citu: State borrows one bln lei at smaller interest rates than in 2019
Friday, October 2, 2020
The Finance Ministry borrowed one billion lei from the market on Thursday at an interest rate of 3.24 pct, lower than a year ago, and the loan covers the monthly deficit in the state budget, writes Finance Minister Florin Citu on his Facebook page."Today, MFP borrowed from the market 1 billion lei at a maturity of 4.8 years and a maximum interest rate of 3.24 pct per year. Much lower than the interest on average in September last year, 4.8 pct, by the ...