The Ministry of Finance (MF) borrowed, on Monday, 2.110 billion RON from banks, through a benchmark government bond issue, with a residual maturity of 16 months, at an average yield of 6.83% per annum, 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 about 3.255 billion lei.
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.
The Ministry of Finance (MF) has planned, in March 2025, loans from commercial banks in the amount of 7.4 billion RON, to which an amount of 840 million RON can be added through additional sessions of non-competitive bids, related to the bond auctions.
The total amount of 8.24 billion RON is 200 million RON more than the 8.04 billion RON that was programmed in February this year, and will be used to refinance public debt and finance the state budget deficit.
Comentează