Ministry of Finance borrows 722 million RON from banks, interest rate of 9.23% per year

 The Ministry of Finance (MF) borrowed, on Thursday, 722 million RON from the banks, through an issue of benchmark state bonds, with a residual maturity of 60 months, at an average yield of 9.23% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of the issue was 400 million lei, and the banks subscribed over 1.096 billion RON.An additional auction is scheduled for Friday, through which the state ...

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