MFP borrows 500 million lei from banks, on 5 years, at slightly higher yield

The Public Finance Ministry (MFP) on Thursday borrowed 500 million lei (about 111.89 million euros) from local banks, through a five-year maturity bond issue, at a 4.9 percent average yield, slightly increasing from the previous month.The value of the issue stood at 500 million lei and 9 banks submitted offers totalling 1.31 billion lei.Since the beginning of the year, MFP borrowed from domestic banks over 45 billion ...

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