The Ministry of Finance Romania (MF) borrowed RON 1.2 billion from banks on Monday through two government bond issues, according to data published by the National Bank of Romania (BNR).
Thus, the MF raised RON 700 million through a government bond issue with a residual maturity of 54 months, at an average yield of 6.43% per annum. The nominal value of the issue was RON 700 million, while banks submitted bids totalling RON 2.283 billion. An additional auction is scheduled for Tuesday, through which the state aims to raise a further RON 105 million at the yield set on Monday.
In addition, the ministry raised RON 500 million through another government bond issue with a residual maturity of 145 months, at an average annual yield of 6.64%. The nominal value of the issue was RON 500 million, while banks submitted bids amounting to RON 632.9 million. A supplementary auction is also scheduled for Tuesday, at which the state seeks to raise an additional RON 75 million at the yield set on Monday.
The Ministry of Finance has planned to borrow RON 10 billion from commercial banks in January 2026, with the option to add up to 15%, or RON 1.2 billion, of the nominal amount awarded at reference auctions, through additional non-competitive offer sessions organised exclusively for benchmark instruments.
The total planned amount of RON 11.2 billion is RON 6.025 billion higher than the amount scheduled for December 2025, which stood at RON 5.175 billion, and will be used to refinance and prepay public debt and to finance the state budget deficit.
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