The Ministry of Finance on Friday attracted RON 60 million from commercial banks, in addition to Thursday’s auction, when it borrowed RON 651 million through a benchmark bond issue with a residual maturity of 20 months, at an average yield of 6.14% per annum.
The nominal value of the additional issue was RON 60 million, and banks submitted bids worth RON 135 million.
The Ministry of Finance planned to borrow RON 5.2 billion from commercial banks in May 2024, to which RON 690 million may be added through additional non-competitive bidding sessions related to bond auctions.
The total amount of RON 5.89 billion is RON 890 million less than the RON 6.78 billion scheduled in April 2024 and will be used to refinance public debt and finance the state budget deficit.
AGERPRES
