AcasăEurope NewsFinance Ministry borrows 75 million lei, in addition to Monday's auction

Finance Ministry borrows 75 million lei, in addition to Monday’s auction

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The Ministry of Finance attracted 75 million lei from banks on Tuesday, in addition to Monday’s auction, where it borrowed 540.3 million lei through a benchmark government bond issue with a residual maturity of 14 months, at an average annual yield of 8.45%.

The nominal value of the additional issue was 75 million lei, while banks submitted offers totaling 170 million lei.

For May 2025, the Ministry of Finance (MF) has planned to borrow 5.4 billion lei from commercial banks, with an additional 660 million lei potentially raised through non-competitive bid sessions tied to bond auctions.

The total amount of 6.06 billion lei is 1.635 billion lei less than the amount scheduled in April of this year (7.695 billion lei), and it will be used to refinance public debt and finance the state budget deficit.

AGERPRES

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