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Finance Ministry raises on Thursday 710 million RON from commercial banks

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raised, on Thursday, 710 million RON from banks, through two benchmark-type state bond issues, with a residual maturity at 172 months, and 91 months, respectively, according to data published by the of Romania (BNR).

Thus, the Finance Ministry drew 200 million RON, through an issue coming to term on April 28, 2036, at an average yield of 5.62 pct per year. The nominal value of the issue was 200 million RON, and banks subscribed 316.5 million RON.

Another 510 million RON were drawn following the auction for a bond issue coming to term on July 25,…

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