Loading ...The ministry reduced the number of government bonds’ bids in March from six, according to the original timetable, to five, for treasury certificates and government bonds issues worth a total four billion lei. The next bid and the last this month will take place on March 22 for treasury certificates with one-year maturity amounting to 900 million lei.
In the first two months of 2010, MFP borrowed from the internal market 8.61 billion lei (over two billion euros) after, in 2009, it attracted almost 65 billion lei (over 15 billion euros). Romania was disbursed two loan tranches from the International Monetary Fund worth 2.45 billion euros in February, and one-billion-euro tranche from the European Commission in March.
MFP also borrowed one billion euros from the external market through a eurobonds issue last week. The budget deficit target for this year-end is 5.9 percent of the GDP.
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