11.2 C
March 27, 2023

Finance Ministry draws RON 700 M by one-year certificates

The Public Finance Ministry (MFP) drew, on Monday, RON 700 M by issuing one-year certificates, exactly the amount targeted, at a growing yield, of 6.34 pc, above the monetary policy rate, compared to the 6.18 pc-level granted in the preceding auction, Mediafax reports. Banks subscribed securities amounting to a total RON 1.22 bln, above the reference value of RON 700. Some dealers were expecting a medium yield, on the rise, taking into account the reference yields of such bonds on the secondary market and in the international context.

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