The Ministry of Finance (MF) on Monday borrowed RON 561.2 million off banks in one issue of benchmark government bonds of a residual maturity of 46 months and an average yield of 7.34% per annum according to data published by the National Bank of Romania (BNR).
The nominal value of the issue was RON 400 million, and banks offered RON 836.2 million, agerpres reports.
An additional auction is scheduled for Tuesday for another RON 60 million lei at the yield set on Monday for bonds.
MF has planned for July 2025 to borrow RON 5.8 billion off commercial banks, to which RON 795 million can be added in additional sessions of non-competitive offers related to bond auctions.
The total amount of RON 6.595 billion is RON 790 million higher than the one scheduled for June 2025 of RON 5.805 billion, and it is intended for public debt refunding and government deficit financing.
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