AcasăEurope NewsFinance Ministry draws additional 32 million lei from banks

Finance Ministry draws additional 32 million lei from banks

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The Finance Ministry drew 32 million lei from banks on Tuesday, in addition to the 400 million lei raised on Monday through a benchmark government bond issuance with a residual maturity of 123 months, at an average yield of 7.83% per year.

The nominal value of the supplementary issuance was 60 million lei, and banks submitted offers totaling 32 million lei.

The Finance Ministry (MF) planned to borrow 5.2 billion lei from commercial banks in January 2025, with an additional 570 million lei available through supplementary non-competitive offers related to bond auctions.

The total amount of 5.77 billion lei is 170 million lei higher than the 5.6 billion lei scheduled in December 2024 and will be used for refinancing public debt and financing the state budget deficit.

AGERPRES

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