Ministry of Finance borrows over 1 billion lei from banks on Monday

The Ministry of Finance (MF) borrowed 1.045 billion lei from banks on Monday, through two issues of state bonds, according to data made public by the National Bank of Romania (BNR).

The ministry borrowed 396.8 million lei through a bond issue with a residual maturity of 71 months and an average yield of 7.48% per year. The nominal value of the issue was 500 million lei, and banks invested 446.8 million lei, agerpres reports.

An additional tender is scheduled for Tuesday, through which the state wants to draw another 75 million lei at the yield established on Monday for the bonds.

The Ministry of Finance also borrowed 648.4 million lei through a bond issue with a maturity of 20 months, at an average yield of 7.27% per annum. The nominal value of the issue was 400 million lei, and banks invested 937.4 million lei.

An additional tender is scheduled for Tuesday through which the state wants to draw another 60 million lei at the yield established on Monday for the bonds.

The Ministry of Finance (MoF) has planned, for September 2025, loans from commercial banks worth 6.2 billion lei, to which the amount of 795 million lei can be added through additional sessions of non-competitive offers, related to the bond tenders.

The total amount, of 6.995 billion lei, is 385 million lei higher than the one that was scheduled in August of this year, of 6.61 billion lei, and will be intended for the refinancing and early repayment of public debt and financing the state budget deficit.