Finance Ministry sells only half of T-Bills in H1 - Azi

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The Ministry of Economy and Finance (MEF) sold T-Bills worth half the originally estimated value in the first six months, but the estimated value of issues in the first three quarters reached 13 billion RON, exceeding the original full-year estimate, of 11 billion RON.

Based on estimates regarding revenue collection and the execution of budgetary expenditures, as well as the volume of the public debt in need of refinancing, the MEF announced it intended to issue T-Bills worth 4 billion RON and...

Read the whole story in: Ziarul Financiar