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Finance Ministry raised 424 ml lei from banks for average yield of 4.46 pct

The Ministry of Public Finance (MFP) raised on Monday 424 million lei from banks for a benchmark bond issue with a 61-month residual maturity, at an average yield of 4.46 pct per annum, shows data released by the National Bank of Romania (BNR).The nominal value of the issue was 500 million lei and the banks filed bids worth 672.5 million lei.An additional bidding session is scheduled for Tuesday, as the FinMin plans to raise another ...

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