Ministry of Finance raises RON 935 million in govt stock issue

The Ministry of Public Finance (MFP) on Monday raised over RON 935.554 million in a discount government stock issue auctioned by the National Bank of Romania; the amount was RON 64.445 million less than planned.
The one-year securities were sold for an average yield of 11.14 pct. The weighted average discount rate was 10.01 pct.
The total value of the issue was RON 1 bln and the total bid by the 12 banks participating in the auction was RON 1.76 bln. In keeping with the regulations in force, MFP turned down buy bids for yields higher than 11.25 pct.
Citește și

Spune ce crezi

Adresa de email nu va fi publicata

Acest sit folosește Akismet pentru a reduce spamul. Află cum sunt procesate datele comentariilor tale.