The Ministry of Finance (MoF) borrowed 863 million RON from banks on Monday, through an issue of benchmark state bonds, with a residual maturity of 92 months, at an average yield of 6.28% per year, according to data published by the National Bank of Romania (BNR).
The nominal value of Monday's issue was 600 million RON, and banks subscribed 1.243 billion RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 129.5 million RON at the yield established on Monday for the bonds.
The Ministry of Finance (MoF) planned, in February 2026, loans from commercial banks worth 7.7 billion RON, 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 7.7 billion RON provided for in the issue prospectuses of discounted treasury certificates and benchmark government bonds is 2.3 billion RON lower than that scheduled in January 2026, of 10 billion RON.
The money drawn will be used for refinancing and early repayment of public debt and financing the state budget deficit.
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