MFP sells bonds worth 1.23 billion lei
The government securities have a five-year maturity and the average level of the profitability at which the issue was bought is 10 percent. The total value of the issue was 950 million lei and the total demand from the 13 banks that participated in the tender was 1.959 billion lei. Thirteen primary dealers submitted bids to buy government securities at the above-mentioned tender:
Alpha Bank Romania, the Romanian Development Bank – Groupe Societe Generale, the Carpatica Commercial Bank, the Romanian Commercial Bank, the Transilvania Bank, Bancpost, CEC Bank, Citibank Romania, ING, MKB Romexterra, Raiffeisen Bank, RBS Romania and UniCredit Tiriac Bank.
MFP scheduled for December tenders for issues of government securities – T-bills and bonds – worth 4.8 billion lei after it had drawn over 1.72 billion lei from the market in November. In the first 11 months of 2009 MFP drew from the market 59.7 billion lei as against 12.5 billion lei all along 2008.