The Ministry of Finance made a new issue of government bonds, borrowing 443.2 million lei from banks.
Petru Nicolaescu
Economy
Janusz Piekowski / Alamy / Alamy / Profimedia
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The benchmark government bond issue had a residual maturity of 39 months and an average yield of 6.21% per annum. The nominal amount of the issue was MDL 500 million and banks fully subscribed the offer. This loan is part of the budget deficit financing strategy.
Sources
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The Ministry of Finance obtained funding of almost one billion lei from banks in a single day
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