Gov't borrows over RON 600 million on Thursday off banks

 The Ministry of Finance (MF) on Monday borrowed RON 600.5 million off banks in an issue of benchmark bonds of a residual maturity of 72 months and an average yield of 6.61% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Thursday's issue was RON 600 million, and the banks offered RON 870.5 million.An additional auction is scheduled for Friday to borrow another RON 90 million at the yield set on Thursday for ...

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