Ministry of Finance borrows 1.5 billion lei from banks

The Ministry of Finance (MF) on Monday borrowed 1.503 billion lei from banks through an issue of benchmark government bonds and another of discounted treasury certificates.Thus, according to data published by the National Bank of Romania (BNR), MF borrowed 778.8 million lei from banks through a benchmark government bond issue with a residual maturity of 63 months and an average yield of 6.33% per year.The nominal value of the issue was 500 million lei, and banks ...

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