Ministry of Finance borrows over 1.87 billion RON from commercial banks on Tuesday

On Tuesday, the Ministry of Finance borrowed 1.878 billion RON from banks, through two issues of state bonds, according to the data published by the National Bank of Romania (BNR).Thus, the MF attracted over 1.293 billion RON from the first issue of benchmark state bonds, with a residual maturity of 114 months, at an average yield of 6.70% per year. The nominal value of the issue was 400 million RON, and the banks subscribed 1.598 billion RON.An ...

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