The Ministry of Finance (MoF) borrowed 356 million RON from banks on Monday, through an issue of benchmark state bonds, with a residual maturity of 49 months, at an average yield of 7.04% per year, according to data published by the National Bank of Romania (BNR).
The nominal value of Monday's issue was 400 million RON, and banks subscribed 471 million lei.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 53.4 million RON at the yield established on Monday for the bonds.
The Ministry of Finance planned, in March 2026, loans from commercial banks worth 8 billion lei, to which 15% of the nominal value awarded at the reference auctions can be added, within the additional non-competitive bidding sessions organized exclusively for benchmark instruments.
The total amount of 8 billion RON provided for in the issue prospectuses of discounted treasury certificates and benchmark state bonds is 300 million RON higher than that scheduled in February 2026, of 7.7 billion RON, and will be intended for the refinancing and early repayment of public debt and financing the state budget deficit.
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