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The Ministry of Public Finance (MFP) borrowed on Monday RON 200 million from banks through a bond issue due on June 11, 2021, at an average yield of 3.04% per annum.
The initial value of the issue was RON 200 million; the banks submitted offers worth a total of RON 427.5 million.
An additional session will be organized on Tuesday, in which the state wants to attract another RON 30 million at the same yield set on Monday.
MFP planned loans of RON 3.845 billion from commercial banks in September, of which RON 3.5 billion through eight auctions of Treasury bills and state bonds and RON 345 million in additional sessions of uncompetitive bidding, related to bond auctions.
The funds are intended to refinance the public debt and to finance the state budget deficit.
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Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002