Ministry of Finance borrows 800 million RON from banks on Thursday

The Ministry of Finance borrowed 800 million lei from banks on Thursday, through two benchmark government bond issues, according to data published by the National Bank of Romania (BNR).

Thus, the Ministry of Finance attracted 400 million lei through an issue of state bonds, with a residual maturity of 22 months, at an average yield of 7.18% per annum. The nominal value of the issue was 400 million lei, and banks subscribed 721 million lei. An additional auction is scheduled for Friday, through which the state wants to attract another 60 million lei at the yield established on Thursday for the bonds.

The ministry also raised 400 million lei through another issue of state bonds, with a residual maturity of 86 months, at an average yield of 7.32% per annum. The value of the issue was 400 million lei, and banks subscribed 917.4 million lei. An additional auction is scheduled for Friday, through which the state wants to raise another 60 million lei at the yield established on Thursday for the bonds.

The Ministry of Finance planned, in July 2025, loans from commercial banks worth 5.8 billion lei, to which an amount of 795 million lei can be added through additional sessions of non-competitive offers, related to bond auctions.

The total amount, of 6.595 billion lei, is 790 million lei higher than that scheduled in June of this year, of 5.805 billion lei, and will be intended for refinancing public debt and financing the state budget deficit.