The Ministry of Finance (MF) borrowed, on Monday, 752 million RON from banks through a benchmark government bond issue, with a residual maturity of 35 months, at an average yield of 7.46% per annum, according to data published by the National Bank of Romania (BNR).
The nominal value of Monday's issue was 500 million RON and banks subscribed 1.198 billion RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 75 million RON at the yield set on Monday for the bonds.
The Ministry of Finance has planned loans from commercial banks totalling 5.4 billion RON in May 2025, to which an amount of 660 million RON can be added through additional non-competitive bidding sessions related to bond auctions.
The total amount of 6.06 billion RON is 1.635 billion RON less than the 7.695 billion RON that was programmed in April this year and will be used to refinance public debt and finance the state budget deficit. AGERPRES
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