Finance Ministry borrows RON 162m from banks, benefit of 2.1 pc per year
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The Ministry of Finance borrowed on Thursday RON 162 million from commercial banks through an auction of bonds with residual maturity of 31 months, the weighted average benefit being of 1.26% per annum.
The issue’s value of the prospectus was of RON 300 million and banks’ demands amounted to RON 386.5 million.
Friday will be held an additional auction, through which the state wants to attract another EUR 45 million at the same level of benefit set on Thursday.
In 2015, MFP intends to borrow from the domestic market about RON 10-12 billion by issuing treasury bills and RON 25 to 28 billion by issuing benchmark bonds.
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Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002