FinMin borrows EUR 26.65 mn from commercial banks
ACTMedia - 22 Aprilie 2011
The Public Finances Ministry on Thursday borrowed roughly 26.65 million euros (109.34 million lei) from the commercial banks by a benchmark bond issue put to tender via the National Bank of Romania.
The government bonds mature in June 2017; the average yield at which the issue was auctioned off is 7.4 percent, with the coupon rate standing at 6.75 percent.
Bidding in the tender were 12 banks - Alpha Bank Romania, BRD - Groupe Societe Generale, Banca Comerciala Carpatica (BCC), Banca Comerciala Romana (BCR), Banca Transilvania, Bancpost, CEC Bank, Citibank Romania, ING, Raiffeisen Bank, RBS Bank Romania and UniCredit Tiriac Bank.
Sursa: http://www.actmedia.eu
Tags: banks
rbs
ing
bcr
brd
cec
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