AcasăEurope NewsMinistry of Finance draws 60 M lei off banks, in addition to...

Ministry of Finance draws 60 M lei off banks, in addition to Tuesday’s bid

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The Ministry of Finance on Wednesday attracted 60 million lei off banks, in addition to Tuesday’s bid, when it borrowed 805.1 million lei, through a benchmark state bond issue with a residual maturity of 88 months, at an average yield of 7.5% per year.

The nominal value of the additional issue was 60 million lei, and banks submitted offers worth 195 million lei.

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

The total amount, of 5.805 billion lei, is 255 million lei below the one that was scheduled in May of this year, of 6.06 billion lei, and will be intended for refinancing public debt and financing the state budget deficit.

AGERPRES

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