The Ministry of Finance (MF) on Monday borrowed about RON 1.148 billion off banks in two issues of government bonds, according to data published by the National Bank of Romania (BNR).

It borrowed RON 400 million in one issue of bonds of a residual maturity of 21 months and an average yield of 7.23% per annum. The nominal value of the issue was RON 400 million, and banks offered RON 451 million.

An additional auction is scheduled for Tuesday for another RON 60 million lei at the yield set on Monday for bonds.

MF also borrowed RON 747.9 million in one issue of bonds of a residual maturity of 72 months and an average yield of 7.31% per annum. The nominal value of the issue was RON 500 million, and banks offered RON 1.412 billion.

An additional auction is scheduled for Tuesday for another RON 75 million lei at the yield set on Monday for bonds.

MF has planned for August 2025 to borrow RON 5.8 billion off commercial banks, to which RON 810 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 6.61 billion is RON 15 million lower than the one scheduled for July 2025 of RON 6.595 billion, and it is intended for public debt refunding and government deficit financing.

AGERPRES