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Finance Ministry borrows 305m lei off banks Thursday

On Thursday, the Ministry of Finance (MF) borrowed 305 million lei off banks in a benchmark government bond issue of a residual maturity of 39 months, and an average per annum yield average of 2.92%, according to data released by the National Bank of Romania (BNR).The nominal value of Thursday's issue was 300 million lei, and the banks subscribed 407.5 million lei.An additional auction is scheduled for Friday, where an additional 45 ...

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