The Finance Ministry (MFP) on Thursday raised 1.423 billion euros from a Government securities issue paying annual interest rates of 4.25 percent, according to data with the National Bank of Romania (BNR).
The issue was worth 500 million euros in all, with banks bidding for 1.759 billion euros. The nominal value of a security in the issue was 100,000 euros. Filing bids for the securities were 13 banks – Alpha Bank Romania, BRD – Groupe Societe Generale, Banca Comerciala Carpatica, Banca Comerciala Romana, Banca Transilvania, Bancpost, CEC Bank, Citigroup Europe PLC Dublin – the Romanian subsidiary, ING Bank – the Bucharest subsidiary, MKB Romexterra Bank, Raiffeisan Bank, RBS Bank Romania and UniCredit Tiriac Bank.
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