Ministry of Finance draws 120 M RON off banks on Tuesday

The Ministry of Finance attracted 120 million RON from banks on Tuesday, in addition to Monday's auctions, when it borrowed 1.9 billion RON, at interest rates of 6.68% per year and 6.87% per year, respectively, through two benchmark government bond issues.The nominal value of the two additional issues was 60 million RON each. Banks submitted bids worth 165 million RON and 145 million RON, respectively.The Ministry of Finance (MoF) planned, in ...

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