Ministry of Finance borrows over one billion RON off banks on Thursday

The Ministry of Finance (MF) on Thursday borrowed 1.09 billion RONoff banks in an issue of benchmark bonds of a residual maturity of 120 months, at an average yield of 6.54% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Thursday's issue was 500 million RON and banks subscribed 1.335 billion RON.An additional auction is scheduled for Friday, through which the state wants to attract another 75 ...

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