The Ministry of Finance attracted RON 15 million from banks on Tuesday, in addition to Monday's auction, when it borrowed RON 936.5 million through a benchmark government bond issue, with a residual maturity of 110 months, at an average yield of 7.54% per annum.
The nominal value of the additional issue amounted to RON 60 million and banks submitted bids amounting to RON 15 million, agerpres reports.
Moreover, the Ministry of Finance planned to borrow RON 5.1 billion from commercial banks in June 2025, to which an amount of RON 705 million can be added through additional non-competitive bidding sessions related to bond auctions.
The total amount of RON 5.805 billion is RON 255 million less than the RON 6.06 billion programmed in May this year and will be used to refinance public debt and finance the state budget deficit.
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