The Ministry of Finance (MF) on Friday borrowed RON 105 million off banks in addition to Thursday's RON 700 million raised in an issue of benchmark bonds of a residual maturity of 53 months and an average yield of 6.79% per annum, according to data published by the National Bank of Romania (BNR).
The nominal value of the additional issue was RON 105 million, and the banks offered RON 395 million.
MF has planned for November 2024 to borrow RON 5.7 billion off commercial banks, to which RON 795 million can be added in additional sessions of non-competitive offers related to bond auctions.
The total amount of RON 6.495 billion is RON 95 million higher than the one scheduled for October 2024 of RON 6.405 billion, and it is intended for public debt refunding and government deficit financing.
AGERPRES
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