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Bucharest
March 2, 2021
BUSINESS

MFP attracts RON 300 M with 7-year bonds

The Ministry of Public Finance (MFP) borrowed RON 300 M by selling 7-year bonds at a yield of 5.23 pc, under the cost of 5.61 pc accepted in March, in a tender where demand was almost four times higher. Subscriptions by banks totaled RON 1.33 bln, while the indicative sum was RON 300 M. The administrators of the public debt sold bonds from the same issue in March, when they attracted RON 500 M, at an average yield of 5.61 pc.

All the auctions scheduled by the Ministry of Finance in April refer to state bonds, and the next such operation is slated for Thursday, April 18, involving 5-year bonds worth RON 500 M in total.

 

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