The Ministry of Finance (MF) on Friday borrowed RON 80 million off banks in addition to Thursday’s RON 600 million raised in an issue of benchmark bonds of a residual maturity of 156 months and an average yield of 7.44% per annum, according to data published by the National Bank of Romania (BNR).

The nominal value of the additional issue was RON 90 million, and the banks offered RON 80 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