The Ministry of Finance (MoF) borrowed 1.4 billion lei from banks on Monday, through two issues of state bonds, according to data made public by the National Bank of Romania (BNR).
Thus, the MoF drew 800 million lei through an issue of state bonds, with a residual maturity of 17 months, at an average yield of 6.31% per year. The nominal value of the issue was 800 million lei, and banks subscribed over 1.6 billion lei. An additional auction is scheduled for Tuesday, through which the state wants to attract another 120 million lei at the yield established on Monday for the bonds.
The ministry also raised 600 million lei through another issue of state bonds, with a residual maturity of 103 months, at an average yield of 6.78% per annum. The value of the issue was 600 million lei, and banks subscribed 925.1 million lei. An additional tender is scheduled for Tuesday through which the state wants to raise another 90 million lei at the yield established on Monday for the bonds.
The Ministry of Finance has planned, for December 2025, loans from commercial banks worth 4.5 billion lei, to which 15%, respectively 675 million lei, of the nominal value awarded at the reference tenders can be added, within the additional sessions of non-competitive bids.
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