Finance Ministry borrows 715.5 mln lei from banks on Monday
Publicat:The Ministry of Public Finance (MFP) borrowed 715.5 million lei from banks on Monday, through a 75-month government benchmark bonds issue, at an average yield of 4.04 pct per annum, according to data sent by the National Bank of Romania (BNR). The nominal value of Monday's issue was 600 million lei, and the banks underwrote the offer, up to 1.026 billion lei.
An additional tender is scheduled for Tuesday, whereby the state wants to attract another 90 million lei at the yield set on Monday.
The Ministry of Public Finance (MFP) has planned, in January 2020, loans from commercial…
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