17.8 C
March 27, 2023

Finances sell one-year bonds for RON 794.1 M

The Public Finance Ministry (MFP) has sold one-year bonds at an average yield of 6.08 per cent for RON 794.1 M. The yield was similar to the one seen in a tender organized in mid-October for bonds with a maturity close to the aforementioned one. The indicative value of the operation stood at RON 800 M, while the banks’ offers totaled RON 1.66 bln. The most recent tender for bonds with a maturity close to the aforementioned one took place in mid-October when the Treasury sold 11-month bonds at a yield of 6.08 per cent. The Finance Ministry plans to obtain RON 3.55 bln in November by selling state bonds on the internal market

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