Finance Ministry borrows about 295 mln euros from commercial banks

The Ministry of Public Finance (MFP) borrowed nearly 295 million euros (over 1.21 billion lei) from commercial banks on Monday, through the sale of a discount treasury bill auctioned by the National Bank of Romania (BNR).The government bonds have the maturity set at five months and the yield average level the issue was sold for runs to 6.32 percent, with an average weighted discount rate of 6.16 percent.The total value of the issue stood at one billion lei and the total ...

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