The Ministry of Finance (MF) borrowed, on Monday, 359.5 million RON from the banks, through an issue of benchmark state bonds, with a residual maturity of 158 months, at an average yield of 7.47% 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 the banks subscribed 462 million RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 90 million RON at the yield set on Monday for the bonds, Agerpres informs.
The Ministry of Finance (MF) has planned, in December 2024, loans from commercial banks in the amount of 5 billion RON, to which the amount of 600 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.
The total amount, of 5.6 billion RON, is 895 million RON less than the one scheduled in November 2024, of 6.495 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit
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