The Ministry of Finance (MF) on Tuesday borrowed RON 120 million from banks in addition to an auction on Monday, when it borrowed RON 1.083 billion in an issue of benchmark government bond of a residual maturity of 65 months, at an average yield of 7.38% per annum. according to data published by the National Bank of Romania (BNR).

The nominal value of the additional issue was RON 120 million, and banks offered RON 565 million.

MF has planned for March 2025 to borrow RON 7.4 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 8.24 billion is RON 200 million higher than the one scheduled for February 2025 of RON 8.04 billion, and it is intended for public debt refunding and government deficit financing.

AGERPRES