Finance Ministry draws addditional 90 million lei from banks

The Ministry of Finance drew on Tuesday 90 million lei from banks, in addition to Monday's auction, when it borrowed 347.3 million lei through a benchmark government bond issue with a residual maturity of 37 months and an average yield of 6.62% per annum.The nominal value of the additional issue was 90 million lei, and banks submitted offers worth 200 million lei.The Ministry of Finance (MF) has planned to borrow from commercial banks in October 2023 an amount ...

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