Gov't borrows RON 90 million off banks on Friday in addition to Thursday's auctions

The Ministry of Finance (MF) on Friday borrowed RON 90 million off banks in addition to Thursday's RON 1.11 billion, in two issues of benchmark government bonds at average yields of 7.52% per annum and 7.46% per annum, according to data published by the National Bank of Romania (BNR).

The nominal value of the additional issues was RON 75 million each, and the banks offered RON 90 million and RON 15 million, respectively.

MF has planned for June 2025 to borrow RON 5.1 billion off commercial banks, to which RON 705 million can be added in additional sessions of non-competitive offers related to bond auctions.

The total amount of RON 5.805 billion is RON 255 million lower than the one scheduled for May 2025 of RON 6.06 billion, and it is intended for public debt refunding and general government deficit financing.