Finance Ministry raises 573 ml lei from banks

The Finance Ministry raised on Monday 573 million lei from banks through a benchmark bond issue with a residual maturity of 75 months, at an average yield of 4.82 ppa, the National Bank of Romania (BNR) announced.The face value of Monday's issue was 400 million lei, and banks submitted bids worth 865 million lei.An additional bidding session is scheduled for Tuesday, through which the Finance Ministry intends to raise another 60 million lei for ...

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