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Romania has booked 100 pc of Swiss non-reimbursable funds amounting to CHF 181m

Finance Ministry to borrow RON 4.695bn in October

The Ministry of Public Finances has planned for October to borrow RON 4.695 billion from the commercial banks, of which RON 4.2 billion by auctions of state bonds and treasury bonds, the amount of RON 496 million could be added by supplementary sessions of noncompetitive offers related to the auctions of shares.

The amounts will refinance the public debt and the state budget deficit. The Finance Ministry’s loans for October are by RON 760 million higher than in the previous month.

The Finance Ministry intends to issue in 2018 a volume of state bonds on the domestic market, amounting to RON 48-50 billion, with a maturity structure of about 30% / 70%, by issuing the treasury certificate over short-term up to one year, over long-term and state bonds for the population through the State Treasury’s operational units under the TEZAUR programme, with an estimated volume of up to 8% of the state bonds on the domestic market, amounting to about RON 4 billion.

 

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