The Ministry of Finance (MF) on Friday borrowed RON 165 million off banks in addition to Thursday’s RON 1.58 billion raised in two issues of benchmark government bonds at an average yield of 7.50% per annum and 6.96% per annum, respectively, according to data published by the National Bank of Romania (BNR).
The nominal value of the two additional issue was RON 75 million, and RON 150, and the banks offered RON 75 million and RON 90 million, respectively.
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 million lower 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