On Friday, the Ministry of Finance attracted 75 million RON off commercial banks, in addition to Thursday’s session, when it borrowed 570.5 million RON through a benchmark state bond issue with a residual maturity of 118 months, at an average return of 6.75% per year.

The nominal value of the additional issue was 75 million RON, and the banks submitted offers worth 127 million RON.

The Ministry of Finance has planned, in October 2024, loans from commercial banks in the amount of 5.7 billion RON, to which the amount of 705 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.

The total amount, of 6.405 billion RON, is 730 million RON higher than the one that was scheduled in September 2024, of 5.675 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.

AGERPRES