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Finance Ministry raises 706.5 ml lei from banks for average yield of 3.89 pct

Publicat:

of (MFP) raised today 706.6 million lei from banks for a benchmark bond issue with a 50-month residual maturity, at an average yield of 3.89 pct per annum, shows data released by the of Romania (BNR).

The nominal value of the issue was 600 million lei and the banks filed bids worth 1.294 billion lei.

An additional bidding session is scheduled for Tuesday, as the FinMin plans to raise another 90 million lei for the yield set on Monday.

of intends to borrow this July 4.21 bln lei from banks - of which 300…

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