The Ministry of Finance on Friday attracted 35 million lei from banks, in addition to an auction on Thursday, when it borrowed 400 million lei through a benchmark government bond issue with a residual maturity of 124 months, at an average yield of 6.63% per annum.

The nominal value of the additional issue was 60 million lei, and banks submitted offers worth 35 million lei.

The Ministry of Finance (MF) has planned to borrow from commercial banks in April 2024 for an amount of 6 billion LEI, to which 780 million lei can be added through additional non-competitive bidding sessions related to bond auctions.

The total amount of 6.78 billion lei is 260 million lei higher than the 6.52 billion lei programmed in March 2024 and will be used to refinance public debt and finance the state budget deficit.

AGERPRES