Finance Ministry draws 500 mln lei from banks, at average yield of 3.80% per year

 The Ministry of Public Finance (MFP) borrowed 500 million lei from banks on Thursday, through a 50-month state bond issue, at an average yield of 3.80% per year.The nominal value of the issue was 500 million lei, but the banks over-subscribed the offer, up to 810 million lei.The Ministry of Public Finance has planned loans from commercial banks of 4.4 billion lei in January 2018, out of which 3.6 billion lei through state bonds tenders and 800 ...

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