Min. of Finance has borrowed from commercial banks over 65 million euros

The Ministry of Public Finance / MPF / has borrowed, on Thursday, over 65 million euros (300 million lei) from commercial banks through the issuance of benchmark bonds, with two-year maturity, placed on auction through the National Bank of Romania.Government securities have maturity in July 2014 and the average yield this issuance was awarded is 6.53 percent. Coupon rate is 5.85 percent.The total value of the program was 300 million lei and ...

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