Ministry of Finance borrows 863 million RON from banks, on Monday
BNR
The Ministry of Finance (MoF) borrowed 863 million RON from banks on Monday, through an issue of benchmark state bonds, with a residual maturity of 92 months, at an average yield of 6.28% per year, according to data published by the National Bank of Romania (BNR). The nominal value of Monday's issue was 600 million RON, and banks subscribed 1.243 billion RON. An additional auction is scheduled for Tuesday, through which the state wants to attract another 129.5 million RON at the yield
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