FinMin issues EUR 400 mln of states titles to patch budget deficit
The Romanian Finance Ministry will issue EUR 400 million of state titles today on the internal capital market. The acquisition of these state titles will be made through a bidding process.
Romania Insider · Journalist
· Updated · 1 min read
The Romanian Finance Ministry will issue EUR 400 million of state titles today on the internal capital market. The acquisition of these state titles will be made through a bidding process. The titles will have a one year maturity term and a five percent interest a year. The funds attracted following the bid will be used to cover the budget deficit and refinance the due public debt.
