Gov't borrows RON 90 million off banks on Tuesday in addition to Monday's auction

Autor: Cătălin Lupășteanu

Publicat: 25-03-2025 14:11

Actualizat: 25-03-2025 16:11

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Sursă foto: Agerpres

The Ministry of Finance (MF) on Tuesday borrowed RON 90 million off banks in addition to Monday's RON 2.11 billion raised in an issue of benchmark government bond issue of a residual maturity of 16 months and an average yield of 6.83% per annum.

The nominal value of the additional issue was RON 90 million, and the banks offered RON 325 million.

MF has planned for March 2025 to borrow RON 7.4 billion off commercial banks, to which RON 840 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 8.24 billion is RON 200 million higher than the one scheduled for February 2025 of RON 8.04 billion, and it is intended for public debt refunding and government deficit financing.

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