Banks did not participate on Tuesday in the non-competitive bidding session associated with Monday's auctionduring which the Ministry of Finance (MF) borrowed 877 million leiaccording to data released by the National Bank of Romania (BNR).
Thus, the Ministry of Finance raised 877 million lei through a government bond issue with a residual maturity of 48 months, at an average annual yield of 6.52%. The issue's nominal value was 800 million lei, while banks subscribed 1.132 billion lei. A supplementary auction was scheduled for Tuesday, through which the state intended to raise an additional 131.6 million lei at the yield established for the bonds on Monday.
The Ministry of Finance (MF) has planned borrowings from commercial banks totaling 8.5 billion lei for July 2026; this amount may be supplemented by 15% of the nominal value awarded at benchmark auctions through additional non-competitive offer sessions organized exclusively for benchmark instruments.
The 8.5 billion lei amount specified in the issuance prospectuses for discount treasury certificates and benchmark government bonds is 900 million lei higher than the 7.6 billion lei figure scheduled for June 2026, and will be used for the refinancing and early repayment of public debt as well as for financing the state budget deficit.
