BUSINESS

MFP has lent RON 1.64 bln/year

Ministry of Public Finance (MFP) sold yesterday certificates with a maturity of one year at RON 1.64 bln, slightly above the program announced at an average yield of 6.85 pc per year, close to that paid at auction earlier of 6.84 pc, Mediafax informed. The indicative value of the auction was RON 1.5 bln, and totaled three billion subscriptions.Treasury is scheduled for May issue of securities on the domestic market of RON 4.8 bln, in the amount of the loans in April, to RON 6.13 bln.

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