Gov't borrows over RON 1.5 billion on Monday off banks

The Ministry of Finance (MF) on Monday borrowed more than RON 1.541 billion off banks in two issues, one of benchmark bonds and one of T-bills, according to data published by the National Bank of Romania (BNR).MF drew RON 421 million through an issue of T-bills, with a residual maturity of 8 months, at an yield od 5.80% per annum. The nominal value of the issue was RON 300 million and the banks subscribed 789.2 million.Moreover, the MF drew RON 1.120 billion ...

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