Finance Ministry sells T-bonds worth 358M lei
Friday, December 18, 2009
The Public Finance Ministry (MFP) attracted on Thursday over 354.44 million lei through a benchmark issue, put to tender by the agency of Romania's National Bank (BNR). The T-bonds are repayable in three years, and their average yield was adjudicated at 10 percent. The bonds grossed 850 million lei, and the 13 bidding banks' total demand was worth 1.232 billion lei.Bidding in the auction were 13 primary dealers, namely Alpha Bank Romania, BRD - Groupe Societe Generale, Banca ...