Ministry of Finance borrows over 1.7 billion RON from banks on Monday
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Ministry of Finance borrows over 1.7 billion RON from banks on Monday
The Ministry of Finance (MF) borrowed, on Monday, 1.753 billion RON from banks, through two issues of state bonds, according to data published by the National Bank of Romania (BNR).
The Ministry borrowed 916.5 million RON through a bond issue with a residual maturity of 24 months and an average yield of 6.03% per year. The nominal value of the issue was 500 million RON, and the banks subscribed 1.041 billion RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another…
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