Payment Spike For Finance Ministry: Banks Are Due To Receive EUR2.6B

07.04.2011 By Claudia Medrega

The Finance Ministry will face public debt payment spike of about EUR2.6 billion this month because a EUR1.2 billion club loan taken out from local banks in 2009 matures on July 23, and a euro-denominated bond issue of similar value sold to local banks in 2010 falls due on July 29.

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Keywords:
BANKS
, FINANCE MINISTRY
, PAYMENTS