The Ministry of Finance drew on Tuesday 90 million lei from banks, in addition to Monday's auction, when it borrowed 347.3 million lei through a benchmark government bond issue with a residual maturity of 37 months and an average yield of 6.62% per annum.
The nominal value of the additional issue was 90 million lei, and banks submitted offers worth 200 million lei.
The Ministry of Finance (MF) has planned to borrow from commercial banks in October 2023 an amount of 5.8 billion lei, to which an additional 795 million lei can be added through additional non-competitive bidding sessions related to bond auctions.
The total amount of 6.595 billion lei is 260 million lei less than the 6.855 billion lei scheduled in September and will be used to refinance public debt and finance the state budget deficit.
Finance Ministry draws addditional 90 million lei from banks
Sursă foto: economedia.ro
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