On Thursday (October 7), the ministry raised RON309.5 million (EUR62.5 million), below the RON400 million targeted level, selling bonds maturing in April 2022, at an average yield of 2.49%.
On October 7, the ministry also reopened a bond issue due in November 2025, raising 413.6 million lei (EUR83.5 million), RON87 million below the RON500 million targeted level, at an average yield of 3.86%, central bank data showed.
On Monday (October 4), the ministry rejected all bids for two treasury bonds worth a total RON900 million (EUR181.9 million) maturing in October 2034 and November 2024, respectively.
The finance ministry plans to raise RON5.6 billion selling state paper on the local market in October 2021.
In September 2021, the ministry raised RON4 billion on the local market, 9.1% below the targeted level, per an analysis by lender Banca Transilvania.