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Finance Ministry borrows 820 mln lei from banks, at 2.49 pct average yield

The Ministry of Public Finance (MFP) on Monday borrowed 820 million lei from 9 banks, through one year discount treasury certificates, for an average yield of 2.49 percent per annum.The face value of the issue stood at 800 million lei, but the banks submitted bids worth 1.56 billion lei.MFP plans to borrow 3.445 billion lei from commercial banks in May, of which 3.1 billion lei in six treasury certificate and government bond ...

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