MFP borrows 55.65 million lei from banks in addition to Thursday's bond auction
Monday, March 10, 2014
The Ministry of Public Finance (MFP) on Friday borrowed 55.65 million lei (approximately 12.4 million euros at the current exchange rate) on the interbank market in addition to the Thursday's bond auction, when it sold bonds worth 700 million lei (approximately 155.9 million euros).Two banks made noncompetitive bids amounting to 55.55 million lei in Friday's tender.MFP had borrowed 700 million lei from local banks on ...