The Ministry of Finance borrowed 1.975 billion RON from banks on Thursday, through two issues of state bonds, according to data published by the National Bank of Romania (BNR).
Thus, the Ministry of Finance attracted 800.1 million RON through an issue of state bonds, with a residual maturity of 66 months, at an average yield of 6.34% per annum. The nominal value of the issue was 700 million RON, and banks subscribed 1.425 billion RON. An additional auction is scheduled for Friday through which the state wants to attract another 120.1 million RON at the yield established on Thursday for the bonds.
The ministry also raised 1.175 billion RON through another issue of state bonds, with a residual maturity of 27 months, at an average yield of 6.08% per annum. The issue value was 1 billion RON, and banks subscribed 3.270 billion RON. An additional auction is scheduled for Friday, through which the state wants to raise another 176.3 million RON at the yield set for the bonds on Thursday.
The Ministry of Finance planned, in January 2026, loans from commercial banks worth 10 billion RON, to which 15%, respectively 1.2 billion RON, of the nominal value awarded at the reference auctions can be added, within the additional non-competitive bidding sessions organized exclusively for benchmark instruments.
The total amount, of 11.2 billion RON, is 6.025 billion RON higher than that scheduled in December 2025, of 5.175 billion RON, and will be intended for the refinancing and early repayment of public debt and financing the state budget deficit.
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