FinMin borrows 400 mln lei off banks, at average yield of 3.50 percent

The Public Finance Ministry (MFP) has borrowed 400 million lei off banks through a bond issue with a residual due date of 5 years and 10 months, at an average yield of 3.50 percent, this being the first security operation the Treasury carries out in July.MFP has practically reopened a seven-year bond issue, banks forwarding offers totalling 1.019 billion lei.The auction will be followed on Tuesday by an additional ...

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