The Ministry of Finance borrowed, on Thursday, 518.6 million RON through an issue of state bonds, with a residual maturity of 35 months, at an average yield of 6.27% per year.

The nominal value of the issue was 500 million RON, and the banks subscribed 618.6 million RON.

An additional auction is scheduled for Friday through which the state wants to attract another 75 million RON at the yield set on Thursday for the bonds.

The Ministry of Finance has planned, in June 2024, loans from commercial banks in the amount of 6.2 billion RON, to which the amount of 750 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.

The total amount, of 6.95 billion RON, is 1.06 billion RON higher than the one that was scheduled in May 2024, of 5.89 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.

AGERPRES