Finance Ministry borrows 500 mln lei from banks, Monday

The Ministry of Public Finance (MFP) borrowed, on Monday, 500 million lei from banks, through a benchmark government bond issue, with a residual maturity of 88 months, at an average yield of 3.34% per year, according to data transmitted by the National Bank of Romania (BNR).The nominal value of Monday's issue was 500 million lei, and the banks subscribed 765.4 million lei.An additional tender is scheduled for Tuesday, by which the state wants to ...

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