MFP borrows over one billion lei, through benchmark bond issue
Friday, November 8, 2013
The Public Finance Ministry (MFP) on Thursday borrowed 1.006 billion lei (about 0.227 billion euros) from commercial banks, through a benchmark-type bond issue, with a one-year maturity, in October 2014, placed on tender through the National Bank of Romania (BNR).The average yield the issue was adjudicated at stands at 3.22 percent a year and the coupon rate, at 6.25 percent.The total value of the issue amounted to ...