The Ministry of Finance (MF) on Thursday borrowed 753 million from banks in an issue of benchmark government bonds of a residual maturity of 118 months, at an average yield of 7.36% per annum.

The nominal value of the issue was RON 400 million, and banks offered RON 901.1 million.

An additional auction was scheduled for Friday to raise another RON 60 million at the yield set on Thursday for bonds.

MF has planned for June 2025 to borrow RON 5.1 billion off commercial banks, to which RON 705 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 5.805 billion is RON 255 million lower than the one scheduled for May 2025 of RON 6.06 billion, and it is intended for public debt refunding and general government deficit financing.

AGERPRES