Gov't borrows RON 604 million on Monday off commercial banks

The Ministry of Finance (MF) on Monday borrowed RON 604.1 off commercial banks in an issue of benchmark bonds of a residual maturity of 31 months and an average yield of 6.22% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was RON 700 million, and the banks offered RON 624.1 million.An additional auction is scheduled for Tuesday to borrow another RON 105 million at the yield set on Monday for the ...

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