Gov't borrows RON 70 million off banks on Tuesday in addition to Monday's auction

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Sursă foto: profit.ro

The Ministry of Finance (MF) on Tuesday borrowed RON 70 million off banks in addition to Monday's RON 975.1 million, in one issue of benchmark government bonds of a residual maturity of 49 months at a yield of 6.59% per annum, according to data published by the National Bank of Romania (BNR).

The nominal value of the additional issue was RON 146.3 million. The banks offered RON 70 million.

MF has planned for June 2026 to borrow RON 7.6 billion off commercial banks, to which 15% of the nominal value awarded at the reference auctions can be added in additional sessions of non-competitive offers exclusively for benchmark instruments.

The total amount of RON 7.6 billion is RON 3 billion higher than the one scheduled for May 2026 of RON 4.6 billion, and it is intended for early public debt refunding and government deficit financing.

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