How much will banks have left for lending after they fuel the state budget with €1.4 bln?
The auction attracted 13 banks, who offered €1.759 bln, but the Ministry of Finance accepted only 81 percent of the amount which lenders were willing to invest. “The interest rate of the issue comes as no surprise, as the maturity is also low. But the amount is somewhat of a surprise, because [the Ministry] attracted ...