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MFP borrows over 67 M euros from commercial banks

Ministry of Public Finance (MFP), on Monday raised more than 67 million euros, namely 300 million lei from the commercial banks that operate in Romania through a benchmark T-bill issue auctioned off by the National Bank of Romania.The issue with the maturity date on August 6, 2014 was placed for an average yield of 4.15 percent per annum. The total issue was RON 300 million, and the total bid of the 12 participating banks was in excess ...

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