Ministry of Finance draws RON 683 million from commercial banks on Monday

On Monday, the Ministry of Finance (MF) drew RON 683 million from commercial banks, through a 119-month benchmark government bond issue, at an average yield of 6.48% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was RON 500 million, and the banks subscribed RON 1.095 billion.An additional auction is scheduled for Tuesday, through which the state wants to draw another 75 million ...

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