Finance Ministry takes out an additional 45 million lei loan from banks

The Finance Ministry raised 45 million lei from commercial banks on Tuesday through an additional session held after Monday’s auction for benchmark government bonds. The securities have a residual maturity of 59 months and an average annual yield of 6.77%, according to data published by the National Bank of Romania.

The nominal value of the additional issue was 117 million lei, but the banks submitted bids totaling 45 million lei. The operation took place after the ministry borrowed 780 million lei on Monday through the benchmark issue.

For September 2026, the Finance Ministry has planned borrowings of 7.2 billion lei from commercial banks. This amount may be supplemented by up to 15% of the nominal value awarded in benchmark auctions, through additional sessions for non-competitive bids.

The funds are intended to refinance and repay public debt ahead of schedule, as well as to finance the state budget deficit. The amount planned for September is similar to that announced for August.