Ministry of Finance draws on Thursday almost 2 bn RON from banks

The Ministry of Finance (MF) borrowed, on Thursday, a total amount of 1.997 billion RON from banks, through two issues of government securities, according to data published by the National Bank of Romania (BNR).The Ministry borrowed 1.497 billion RON through a bond issue with a residual maturity of 35 months and an average yield of 6.43% per year. The nominal value of the issue was 500 million RON, and the banks invested 1.747 billion RON.An ...

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