The Ministry of Finance (MF) borrowed RON 613.5 million from banks on Monday through a benchmark government bond issue with a residual maturity of 97 months and an average yield of 7.55% per annum, according to data published by the National Bank of Romania (BNR).

The nominal value of Monday’s issue was RON 400 million, and banks subscribed RON 854.6 million.

An additional auction is scheduled for Tuesday, through which the state wants to attract another RON 60 million at the yield set on Monday for bonds.

The Ministry of Finance (MF) has planned loans from commercial banks in the amount of RON 5.1 billion in June 2025, to which the amount of RON 705 million can be added through additional sessions of non-competitive bids related to bond auctions.

The total amount of RON 5.805 billion is can be added 255 million less than the RON 6.06 billion planned in May this year and will be used to refinance public debt and finance the state budget deficit.

AGERPRES