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Ministry of Finance borrows over two billion RON from commercial banks, on Thursday

On Thursday, the Ministry of Finance (MF) borrowed over 2.08 billion RON from commercial banks, through two issues of state bonds, according to data published by the National Bank of Romania (BNR).The ministry borrowed 937.6 million RON through a bond issue with a residual maturity of 34 months and an average yield of 6.18% per year. The nominal value of the issue was 500 million RON, and the banks subscribed over 1.192 billion RON.An additional auction is ...

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