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Finance Ministry to borrow more than EUR 1bn in May

The Finance Ministry intends to issue bonds in EUR and RON worth more than EUR 1.1 billion in May, the prospectus published by the Official Gazette on Friday reveals. “In view of funding the state budget deficit and of refinancing the public debt in May 2019, it is approved the prospectus of the issue of discount treasury bonds and of benchmark state bonds, with nominal value of RON 3.6 billion, to which it could be added the amount of RON 480 ...

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