Gov't borrows RON 326 million on Thursday off banks

The Ministry of Finance (MF) on Thursday borrowed RON 326 million off banks in an issue of benchmark bonds of a residual maturity of 129 months and an average yield of 7.21% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Thursday's issue was RON 500 million, and the banks offered RON 682.9 million.An additional auction is scheduled for Friday to borrow another RON 75 million at the yield set on ...

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