AcasăEurope NewsMinistry of Finance draws 75 million RON from banks on Tuesday, in...

Ministry of Finance draws 75 million RON from banks on Tuesday, in addition to Monday’s auction

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The Ministry of Finance on Tuesday attracted RON 75 million from banks, in addition to Monday’s auction, when it borrowed RON 930.6 million through a benchmark government bond issue with a residual maturity of 25 months, at an average yield of 6.93% per annum.

The nominal value of the additional issue amounted to RON 75 million and banks submitted bids amounting to RON 210 million.

In March 2025, the Ministry of Finance (MF) planned to borrow from commercial banks in the amount of RON 7.4 billion, to which an amount of RON 840 million can be added through additional non-competitive bidding sessions related to bond auctions.

The total amount of RON 8.24 billion is RON 200 million more than the RON 8.04 billion that was programmed in February this year, and will be used to refinance public debt and finance the state budget deficit.

AGERPRES

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