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Ministry of Finance raises 1.2 billion lei from banks on Monday

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of Finance borrowed 1.2 billion lei from banks on Monday, through a benchmark government bond issue with a residual maturity of 64 months, at an average yield of 2.30 ppa, according to data transmitted by the of Romania (BNR), potrivit Agerpres.

The face value of Monday's issue was 600 million lei, and banks filed bids worth over 1.491 billion lei.

An additional bidding session is scheduled for Tuesday, as the FinMin plans to raise another 90 million lei for the yield set on Monday.

of Finance planned in February 2021, loans from…

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