On Tuesday, the Ministry of Finance attracted 120 million RON from banks, in addition to Monday’s auctions, when it lent 1.084 billion RON, with 6.79% per annum interest rate, respectively 6.09% interest rate, per year, through two additional issues of benchmark state bonds.

The nominal value of the two additional issues was 60 million RON, each. The banks submitted offers worth 150 million RON and 70 million RON respectively.

The Ministry of Finance (MF) planned, in May 2024, loans from commercial banks in the amount of 5.2 billion RON, to which the sum of 690 million RON can be added through additional sessions of non-competitive bids, related to bond auctions.

The total amount, of 5.89 billion RON, is 890 million RON less than the one that was scheduled in April 2024, of 6.78 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.

AGERPRES