AcasăEurope NewsMinistry of Finance draws 90 M RON off banks on Friday, in...

Ministry of Finance draws 90 M RON off banks on Friday, in addition to Thursday’s tender

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The Ministry of Finance attracted 90 million RON from banks on Friday, in addition to Thursday’s tender, when it borrowed 875 million RON through a benchmark government bond issue with a residual maturity of 49 months, at an average yield of 7.22% per annum.

The nominal value of the additional issue was 90 million RON, and banks submitted offers worth 345 million RON.

The Ministry of Finance (MoF) planned, in April 2025, loans from commercial banks worth 6.9 billion RON, to which an amount of 795 million RON can be added through additional non-competitive bidding sessions related to bond tenders.

The total amount, of 7.695 billion RON, is by 545 million RON smaller than the one that was scheduled in March of this year, of 8.24 billion RON, and will be intended for refinancing public debt and financing the state budget deficit.

AGERPRES

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