Loading ...The Ministry of Public Finance (MFP) on Thursday drew RON 500 million in an issue of government securities, placed on tender by the Romanian National Bank (BNR).
The government securities carry a one-year maturity, and they were awarded at the average yield of 8 percent. The total issue stood at RON 500 million, with the total demand of the 13 banks that participated in the tender reaching RON 3.783 billion.
There submitted bids 13 primary dealers – Alpha Bank Romania, BRD – Groupe Societe Generale, Carpatica Commercial Bank, the Romanian Commercial Bank (BCR), Banca Transilvania, Bancpost, CEC Bank, Citibank Romania, ING, MKB Romexterra, Raiffeisen Bank, ABN AMRO Bank and UniCredit Romania Tiriac Bank. MFP attracted more than RON 59.7 billion January through November last year, compared to RON 12.5 billion in 2008.
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