The Ministry of Finance (MF) borrowed on Monday 667.1 million RON from banks, through an issue of benchmark state bonds, with a residual maturity of 72 months, at a average return of 6.64% per year, according to data published by the National Bank of Romania (BNR), informs agerpres.ro.
The nominal value of Monday's issue was 500 million RON, and the banks invested 1.059 billion RON.
An additional tender is scheduled for Tuesday, through which the state wants to attract another 75 million RON to the bond yield set on Monday.
The Ministry of Finance has planned, in September 2024, loans from commercial banks in the amount of 5 billion RON, to which the amount of 675 million RON can be added through additional sessions of non-competitive offers, related to bond tenders.
The total amount of 5.675 billion RON is 25 million RON less than the one that was scheduled in August 2024, of 5.7 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.
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