Finance Ministry plans raising RON 4.5 bln from local banks this January

The Ministry of Public Finance (MFP) seeks to raise RON 4.5 bln (more than 1 bln euros) from local banks this January through six issues of treasury bills and government bonds, informs the Ministry's website. The first auction for the sale of government stock in 2012 will take place on Thursday, January 5, for a two-year benchmark bond issue worth RON 700 million.In 2012, the Ministry of Public Finance needs to refinance government stock issues worth RON 46 billion, after having ...

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