FinMin borrows nearly 312 mln euros from banks

The Public Finances Ministry on Monday borrowed nearly 312 million euros 1.3 billion lei from the commercial banks by a discount T-bond issue put to auction via the National Bank of Romania.The government bonds have a-year maturity, with the average yield at which the issue was acquired being 6.97 percent. The weighted-average discount rate was 6.51 percent.The issue was worth a total 240 million euros a billion lei, with the combined demand put forward by the 12 banks ...

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