Finance Ministry draws 45 million lei off banks, in addition to Monday's auction

On Tuesday, the Ministry of Finance drew 45 million lei from banks, in addition to Monday's auction, when it borrowed 662.7 million lei for an interest rate of 3.63% per annum, in a benchmark government bond issue of a residual maturity of 90 months, according to data published by the National Bank of Romania (BNR).The nominal value of the additional issue was 45 million lei, and the banks submitted bids worth 115 million lei.The Finance Ministry ...

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