Government borrows over RON 1 billion on Monday off banks

The Ministry of Finance (MF) on Monday borrowed RON 1 billion off banks in two issues of benchmark bonds, according to data published by the National Bank of Romania (BNR).Thus, MF attracted RON 458 million from the first benchmark government bond issue, with a residual maturity of 123 months, at an average yield of 6.79% per annum. The nominal value of the issue was RON 400 million and banks subscribed RON 606.8 million.An additional auction is scheduled for ...

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