Finance Ministry borrows EUR 2bn from foreign markets

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The Finance Ministry has borrowed EUR 2 billion from foreign markets on Tuesday, of which EUR 1.4 billion with 12-year maturity and EUR 600 million by reopening the 30-year Eurobonds, zf.ro informs.

This loan from the international financial markets follows the previous loan sealed at the end of March worth EUR 3 billion in Eurobonds, of which EUR 1.35 billion with 30-year maturity, EUR 500 million with 15-year maturity and EUR 1.15 billion with 7-year maturity.

Last year, the Finance Ministry attracted over EUR 5 billion from international markets last year, through three programmes, thus covering about one third of the funding needed.

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