The Ministry of Finance attracted on Tuesday 15 million RON from banks, in addition to Monday's auction, when it borrowed 359.5 million RON, through a benchmark government bond issue with a residual maturity of 158 months, at an average yield of 7.47% per annum.
The nominal value of the additional issue amounted to 90 million RON and banks submitted bids amounting to 15 million RON.
The Ministry of Finance has planned to borrow 5 billion RON from commercial banks in December 2024, to which 600 million RON can be added through additional non-competitive bidding sessions related to the bond auctions.
The total amount of 5.6 billion RON is 895 million RON less than the 6.495 billion RON scheduled in November 2024 and will be used to refinance public debt and finance the state budget deficit. AGERPRES