The Ministry of Finance (MF) on Friday borrowed RON 75 million off banks in addition to Thursday’s RON 595.3 million raised in one issue of benchmark government bonds of a residual maturity of 47 months, at an average yield of 7.54% per annum, according to data published by the National Bank of Romania (BNR).
The nominal value of the additional issue was RON 75 million, and the banks offered RON 345 million.
MF has planned for June 2025 to borrow RON 5.1 billion off commercial banks, to which RON 705 million can be added in additional sessions of non-competitive offers related to bond auctions.
The total amount of RON 5.805 billion is RON 255 million lower than the one scheduled for May 2025 of RON 6.06 billion, and it is intended for public debt refunding and government deficit financing.
AGERPRES