The Ministry of Finance (MF) borrowed, on Monday, over 2.249 billion RON from banks, through two issues, one of state bonds and one of discount treasury certificates, according to data published by the National Bank of Romania (BNR).
Thus, the MF attracted 1.306 billion RON through an issue of treasury certificates with a discount, with a residual maturity of 12 months, at an average yield of 6.01% per year. The nominal value of the issue was 800 million RON, and the banks subscribed 1.655 billion RON.
Also, the ministry attracted 943.22 billion RON through a state bond issue, with a residual maturity of 112 months, at an average yield of 6.87% per year. The nominal value of the issue was 300 million RON, and the banks subscribed 1.108 billion RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 45 million RON at the yield set on Monday for the bonds.
The Ministry of Finance (MF) has planned, in July 2024, loans from commercial banks worth 6 billion RON, to which the amount of 585 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.
The total amount, of 6.585 billion RON, is 365 million RON less than the one that was scheduled in June 2024, of 6.95 billion RON, and will be intended for refinancing the public debt and financing the budget deficit.
AGERPRES
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