Ministry of Finance borrows RON 1.62 billion from banks on Monday
BNR
The Ministry of Finance (MF) borrowed RON 1.62 billion from banks on Monday through two government bond issues, according to data published by the National Bank of Romania (BNR). The ministry raised RON 593 million through a bond issue with a residual maturity of 33 months, at an average yield of 7.32% per annum. The nominal value of the issue was RON 400 million, while banks submitted bids totaling RON 728 million. An additional auction is scheduled for Tuesday, through which the state aims to
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