FinMin borrows 400 M lei from banks

The Public Finances Ministry borrowed 400 million lei from the banks on Monday by means of bonds with 3-year residual maturity, at 3.95 percent average yield.The bond issue (the ministry actually re-opened a 10-year bond issue from June 2007 - editor's note) totalled 400 million lei, with the banks bidding a combined 1.6 billion lei. (1 euro=4.43 lei)The auctioning will be followed by an additional session of non-competitive ...

Developed by Codecraftsman