AcasăEurope NewsMinister of Finance draws 30 M lei off banks in addition to...

Minister of Finance draws 30 M lei off banks in addition to Thursday’s bidding session

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The Ministry of Finance attracted, on Friday, 30 million lei from banks, in addition to Thursday’s auction, when it borrowed 438.5 million lei through a benchmark state bond issue with a residual maturity of 151 months, at an average yield of 7.11% per year.

The nominal value of the additional issue was 30 million lei, and banks submitted offers worth 105 million lei.

The Ministry of Finance (MoF) planned, in July 2025, loans from commercial banks worth 5.8 billion lei, to which the amount of 795 million lei can be added through additional sessions of non-competitive bids, related to bond auctions.

The total amount, 6.595 billion lei, is 790 million lei higher than the one that was scheduled in June of this year, 5.805 billion lei, and will be intended for refinancing public debt and financing the state budget deficit.

AGERPRES

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