The Ministry of Finance (MF) on Tuesday borrowed RON 90 million in addition to Monday’s auction, when it borrowed RON 1.028 billion in one issue of benchmark government bond of a residual maturity of 66 months at an average yield of 7.39% per annum.

The nominal value of the additional issue was RON 90 million, and the banks offered RON 155 million.

MF has planned for February 2025 to borrow RON 7.2 billion off commercial banks, to which RON 840 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 8.04 billion is RON 2.27 billion higher than the one scheduled for January 2024 of RON 5.77 billion, and it is intended for public debt refunding and government deficit financing.

AGERPRES