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Finance Ministry borrows 580 million lei off banks

 On Monday, the Ministry of Finance borrowed 580 million lei off banks through a benchmark government bond issue of a residual maturity of 63 months, at an average yield of 2.59% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was 500 million lei, and the banks bid 951.3 million lei.An additional auction is scheduled for Tuesday, when the government wants to raise another 75 ...

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