FinMin borrows nearly 557 million lei from banks

The Ministry of Public Finance (MFP) borrowed 556.9 million lei from banks on Monday, through 83-month (6 years 11 months) bonds, at an average yield of 3.88 percent.MFP actually reopened a 10-year bonds issue; banks bid 973.9 million lei.An additional non-competitive bidding will follow on Tuesday for 45 million lei at the same yield.MFP scheduled loans of 4.105 billion lei from commercial banks in July, ...

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