Finance Ministry raises RON 1.2 bln-plus from banks

The Finance Ministry raised on Monday RON 1.202 million from banks through two benchmark bond issues with a residual maturity of 153 and 69 months, respectively, the National Bank of Romania announced.Thus, the Finance Ministry borrowed RON 676.5 million through an issue maturing on October 25, 2027 with the face value of RON 500 million, at an average yield of 5.09 pct per annum; banks submitted bids worth over RON 1.149 billion.Another RON 526 ...

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