The Ministry of Finance (MF) borrowed 500 million lei from banks on Thursday through a benchmark government bond issue with a residual maturity of 101 months, at an average annual yield of 6.21%, according to data published by the National Bank of Romania (NBR).

The nominal value of Thursday’s issue was 400 million lei, while banks submitted bids totalling over 1.252 billion lei.

A supplementary auction is scheduled for Friday, through which the state aims to raise an additional 75 million lei at the yield set on Thursday for the bonds.

The Ministry of Finance has planned borrowings from commercial banks amounting to 7.7 billion lei in February 2026, to which up to 15% of the nominal amount allocated at the reference auctions may be added, through supplementary non-competitive bidding sessions organised exclusively for benchmark instruments.

The total sum of 7.7 billion lei provided for in the issuance prospectuses for Treasury bills and benchmark government bonds is 2.3 billion lei lower than the 10 billion lei scheduled for January 2026.

The funds raised will be used for refinancing an early repayment of public debt, as well as for financing the state budget deficit.

AGERPRES