MFP borrows RON 1 billion from commercial banks on Monday

The Finance Ministry (MFP) on Monday borrowed RON 1 billion (1 euro=4.417 lei) off commercial banks in an issue of three-year benchmark Government bonds auctioned by the National Bank of Romania (BNR).BNR reports the yield rate at which the issue was sold was 4.63 pct. Tthe weighted-average discount rate rate was 4.75 percent. The total value of the issue was RON 1 billion and the all-in demand from the 11 banks ...

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