Finance Ministry borrows over 961 billiuon lei from banks

The Finance Ministry (MF) borrowed 961.1 million lei from banks on Monday through two government bond issues, according to data published by the National Bank of Romania (NBR).Thus, MF attracted 500 million lei from the first issue of benchmark government bonds, with a residual maturity of 60 months, at an average yield of 6.56% per year. The nominal value of the issue was 500 million lei and banks subscribed 671.8 million lei.An additional auction is scheduled ...

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