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16:58 Finance Ministry raises 1.4 bln lei from banks

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raised on Thursday 1.4 billion lei from banks, through two government bond issues, the of Romania announced.

Thus, the Ministry raised 1.026 billion lei through a 59-month bond issue at an average yield of 3.29 ppa, and another 400 million lei through an issue of 12-month discount T-bills, at a yield of 2.60 ppa.

An additional auction is scheduled for Friday for another 120 million lei raised at the yield set on Thursday.

intends to borrow this September 4.54 bln lei from banks - of which 400 ml lei through

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