21 C
Bucharest
May 18, 2021
BUSINESS

Finance Ministry attracts over RON 500 M in 9-month bonds

The Ministry of Public Finance (MFP) on Monday attracted RON 502.3 M by selling Treasury bonds with a 9-month maturity interval, equivalent to half of the planned value, at a yield of 6.72 pc, higher than the 6.64 pc paid in the previous auction of 12-month bills, Mediafax informs. Demands by banks amounted to a total RON 1.5 bln, and the planned value of the auction was RON 1 bln. The market expected the Ministry to pay a higher yield, considering the recent tension increase on the monetary market.

Related posts

Gasoline over-excise leads to budget losses of EUR 11 M

Nine O' Clock

Romania has highest number of farms in EU

Nine O' Clock

EBRD invests in first local currency bond issue by Garanti Bank Romania

Nine O' Clock