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Ministry of Finance borrows almost RON 1.5 B off banks on Monday

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Ministry of Finance borrows almost RON 1.5 B off banks on Monday

The Ministry of Finance (MF) borrowed RON 1.486 billion from banks on Monday, through two issues of state bonds, according to data made public by the of Romania (BNR), told Agerpres.

Thus, the MF attracted RON 760.4 million through a state bond issue of treasury certificates with a discount, with a residual maturity of 77 months, at an average yield of 6.72% per year. The nominal value of the issue was 400 million euros, and the banks subscribed RON 485.9 million.

Also, the ministry attracted RON 129.3…

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