Gov't borrows over RON 561 million on Monday off commercial banks
Business
The Ministry of Finance (MF) on Monday borrowed RON 561.2 million off banks in one issue of benchmark government bonds of a residual maturity of 46 months and an average yield of 7.34% per annum according to data published by the National Bank of Romania (BNR). The nominal value of the issue was RON 400 million, and banks offered RON 836.2 million, agerpres reports. An additional auction is scheduled for Tuesday for another RON 60 million lei at the yield set on Monday for bonds. MF has planned
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