Gov't borrows over RON 583.5 million on Monday off banks

The Ministry of Finance (MF) on Monday borrowed RON 583.5 million off banks in an issue of benchmark bonds of a residual maturity of 124 months and an average yield of 6.87% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was RON 500 million, and the banks offered RON 801.8 million.An additional auction is scheduled for Tuesday to borrow another RON 75 million at the yield set on ...

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