MFP has borrowed RON 400 M through bonds over five years

The Ministry of Public Finance (MFP) has borrowed RON 400 million through bonds with five year maturity, exactly how much they had planned to, for a yield of 4.94 percent, lower than the one accepted at the previous bid for this issue in February, according to Mediafax. The banks made subscriptions worth RON 640.3 million. The bonds reach maturity in June 2019. The latest bid for this maturity was held in February, when the administrators of the public debt drew RON 440.3 million for a yield of 5.1 percent. The Finance planned issues in RON for March worth RON 2.68 billion, and also a bid for five-year bonds in foreign currency worth EUR 200 million, as bonds in amount of roughly RON 5 billion reach maturity this month.

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