Finance Ministry sells T-bonds worth 995M lei

Public Finance Ministry (MFP) attracted, on Wednesday over 995.29 million lei through issuing discount T-bounds, auctioned through Romania’s Central Bank (BNR).

The bonds are due repayable over one month and the issue’s average yield was auctioned at 10.21 percent. The discount rate’s average tempered level stood at 10.5 percent.

The issue grossed 1 billion lei and the total demand of the 12 banks attending the auction amounted to 3.01 billion lei.

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