Finance Ministry borrows 600 million lei from banks for three years

The Ministry of Public Finance (MFP) borrowed on Thursday 600 million lei from banks by means of a bond issue for three years, at an average profit of 1.85% per year. The value of issue was 600 million lei and banks sent offers of over 1.2 billion lei. An additional auction will be held on Friday. The state wants to attract an additional 90 million lei with the same profit. In April the ministry planed ...

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