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Finance Ministry raises 420 ml lei from banks

 The Public Finance Ministry raised on Monday 420 million lei from banks through a benchmark bond issue with a residual maturity of 112 months, at an average yield of 3.36 ppa, the National Bank of Romania announced.The face value of the issue was 500 million lei, and banks submitted bids worth 445 million lei.An additional bidding session is scheduled for Tuesday, through which the Finance Ministry plans to raise another 75 million lei for the ...

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