Romania's Finance Ministry raises RON335 million from banks by selling government paper with a 6.80% yield.

Romania's Finance Ministry raised RON335 million from banks by selling government paper with a 6.80% annual average yield. The funds are used to secure the government's budgetary requirements and economic initiatives, demonstrating financial stability and attractiveness for investors. This is part of an effort to secure 6 billion lei in loans from commercial banks this month, with an option to increase it by 585 million lei.

July 22, 2024
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