The Ministry of Finance borrowed, on Friday, 45 million RON from banks, in addition to Thursday’s auction, when it borrowed 861.9 million RON through a benchmark state bond issue with a residual maturity of 82 months, at an average yield of 6.71% per year.

The nominal value of the additional issue was 45 million RON, and the banks submitted offers worth 210 million RON.

The Ministry of Finance (MF) has planned, in July 2024, loans from commercial banks worth 6 billion RON, to which the amount of 585 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.

The total amount, of 6.585 billion RON, is 365 million RON less than the one that was scheduled in June 2024, of 6.95 billion RON, and will be intended for refinancing the public debt and financing the budget deficit.

AGERPRES