Gov't borrows RON 1.596 billion on Thursday off banks

The Ministry of Finance (MF) on Thursday borrowed RON 1.596 billion off banks in an issue of benchmark bonds of a residual maturity of 60 months and an average yield of 6.73% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Thursday's issue was RON 700 million, and the banks offered RON 2.366 billion.An additional auction is scheduled for Friday to borrow another RON 105 million at the yield set on ...

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