Ministry of Finance draws 165 million RON from banks on Tuesday, in addition to Monday’s auction

The Ministry of Finance attracted on Tuesday RON 165 million from banks, in addition to Monday’s auction, when it borrowed 2.578 billion RON.

Thus, the Ministry of Finance attracted an additional RON 75 million in an issue on Monday, when it borrowed RON 978.1 million through a benchmark government bond issue with a residual maturity of 77 months, at an average yield of 7.39% per annum. The nominal amount of the additional issue was RON 75 million and banks submitted offers amounting to RON 285 million.

The Ministry of Finance also attracted an additional RON 90 million in another issue on Monday, when it borrowed RON 1.6 billion in a benchmark government bond issue with a residual maturity of 17 months at an average yield of 6.92% per annum. The nominal value of the additional issue was RON 90 million and banks submitted offers amounting to RON 285 million.

The Ministry of Finance has planned, in February 2025, loans from commercial banks in the amount of RON 7.2 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 8.04 billion is RON 2.27 billion more than the RON 5.77 billion that was programmed in January this year, and will be used to refinance public debt and finance the state budget deficit.