AcasăEurope NewsGov't borrows RON 105 million off banks on Tuesday in addition to...

Gov’t borrows RON 105 million off banks on Tuesday in addition to Monday’s auctions

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The Ministry of Finance (MF) on Tuesday borrowed RON 105 million off banks in addition to Monday’s RON 910 million raised in two issues of benchmark government bonds of an average yield of 7.14% per annum and 7.42% per annum.

The nominal value of the two additional issues was RON 75 million each, and the banks offered RON 30 million and RON 85 million, respectively.

MF has planned for April 2025 to borrow RON 6.9 billion off commercial banks, to which RON 795 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 7.695 billion is RON 545 million lower than the one scheduled for March 2025 of RON 8.24 billion, and it is intended for public debt refunding and government deficit financing.

AGERPRES

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