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Finance Ministry raises RON 1 bln-plus from banks at a yield of 8.06 ppa

The Finance Ministry raised on Thursday RON 1.003 billion from banks through a benchmark bond issue with a residual maturity of 118 months, at an average yield of 8.06 pct per annum, the National Bank of Romania announced.The face value of the issue was RON 400 million, and banks submitted bids worth RON 1.391 billion.An additional bidding session is scheduled for Friday, through which the Finance Ministry intends to borrow another RON 60 million ...

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Friday, November 25, 2022