The Ministry of Finance (MF) on Thursday borrowed RON1.436 billion from banks in an issue of government bonds and one of discounted treasury certificates, according to data published by the National Bank of Romania (BNR).

It borrowed RON 875 million in an issue of government bonds of a residual maturity of 49 months, at an average yield of 7.22% per annum. The nominal value of the issue was RON 600 million, and banks offered RON 1.090 billion.

An additional auction is scheduled for Friday for another RON 90 million at the same yield as that set on Thursday for bonds.

MF also borrowed RON 561 million in an issue of discounted treasury certificates of a residual maturity of 7 months, at an average yield of 6.36% per annum. The nominal value of the issue was RON 800 million, and the banks offered RON 802.3 million.

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 millionlower 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