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Finance Ministry sells RON 120 mn worth of benchmark bonds

The Ministry of Public Finance (MFP) on Thursday raised almost 28 million euros (120.05 million lei) in a benchmark bond issue auctioned by the National Bank of Romania.

The government stock that reaches maturity on July 25, 2013 sold for an average yield of 7.10 pct. The coupon rate was 6.25 pct and the reoffer price was set at 97.9255 pct.Submitting bids were 12 primary dealers - Alpha Bank Romania, BRD - Groupe Societe Generale, Banca Comerciala Carpatica (BCC), Banca Comerciala Romana (BCR), Banca Transilvania, Bancpost, CEC Bank, Citibank Europe PLC Dublin - Romanian branch, ING Bank N.V. Amsterdam - Bucharest branch, Raiffeisen Bank, RBS Bank Romania and UniCredit Tiriac Bank.

Sursa: http://www.actmedia.eu

Tags: ing rbs cec bcr brd mfp

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