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Finance Ministry borrows nearly 600M lei from banks

The Ministry of Public Finance (MFP) has borrowed 599.98 million lei on Thursday from local banks, in a treasury bonds auction, with a due date of one year from now.The average yield for the treasury bonds is 2.09 percent, slightly higher than the previous auction of treasury bonds with a one-year due date that occurred on July 28, when banks loaned money to the MFP at an average yield of 1.93 percent.MFP has planned several ...

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