The Ministry of Finance attracted, on Friday, 75 million RON from banks, in addition to Thursday’s auction, when it borrowed 500 million RON through a benchmark state bond issue with a residual maturity of 16 months, at a average yield of 6.04% per year.

The nominal value of the additional issue was 75 million RON, and the banks submitted offers worth 245 million RON.

The Ministry of Finance (MF) has planned, in September 2024, loans from commercial banks in the amount of 5 billion RON, to which the amount of 675 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.

The total amount, of 5.675 billion RON, is 25 million RON less than the one that was scheduled in August 2024, of 5.7 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.

AGERPRES