The ministry raised RON199.9 million selling discount treasury bills at an annual yield of 3.97%, maturing in September 2022. Total demand stood at RON539 million.
On Thursday, the ministry also reopened a bond issue due in June 2026 and raised RON555 million, above the planned level of RON500 million, at an annual yield of 5.14%. Total demand stood at RON754 million. The coupon rate was 3.25% and the yield until maturity related to the price accepted was 5.16%.
Romania’s Finance Ministry plans to raise RON5.2 billion on the domestic market in February 2022, of which RON4.6 million from banks, to which the amount of RON630 million can be added from the allocations of additional sessions. The funds raised will be used to cover the budget deficit and to refinance the country’s public debt.