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Finance Ministry borrowed 635.5 million lei with 4% interest from banks

The Finance Ministry borrowed 635.5 million lei with 4% interest from banks, through a state bond issue with a residual maturity of 2.7 years. According to the institution, investors presented offers that exceed 4 times the amount announced by the Ministry of Public Finance for auction. The total volume of demand was 1.2 billion lei, the nominal value of the issue was 300 million lei. MPF planned in February 2019 loans of 1.9 ...

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