The Ministry of Finance (MoF) borrowed 2.4 billion RON from banks on Monday, through an issue of state bonds and a discount treasury certificate, according to data published by the National Bank of Romania (BNR).
The ministry borrowed 1.409 billion RON through a bond issue with a residual maturity of 45 months and an average yield of 6.22% per annum. The nominal value of the issue was 800 million RON, and banks subscribed 3.039 billion RON.
An additional auction is scheduled for Tuesday, through which the state wants to attract another 211.4 million RON at the yield established on Monday for the bonds.
The Ministry of Finance also borrowed 1 billion RON through an issue of treasury certificates with a discount and a maturity of 12 months, at an average yield of 6.01% per annum. The nominal value of the issue was 1 billion RON, and banks subscribed 3.437 billion RON.
The Ministry of Finance (MoF) planned, in January 2026, loans from commercial banks worth 10 billion RON, to which 15%, respectively 1.2 billion RON, 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 11.2 billion RON, is 6.025 billion RON higher than that scheduled in December 2025, of 5.175 billion RON, and will be intended for the refinancing and early repayment of public debt and financing the state budget deficit.
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