The Finance Ministry (MF) borrowed RON 1.034 billion from commercial banks on Thursday, through an issue of government bonds and one of discounted Treasury certificates, according to data published by the National Bank of Romania (BNR).The ministry borrowed RON 458.7 million through a bond issue with a residual maturity of 110 months and an average yield of 6.72% per annum. The nominal value of the issue was RON 400 million and banks subscribed RON 573.7 million.An additional auction is scheduled for Friday, through which the government wants to attract another RON 60 million at the yield set on Thursday for the bonds.MF also borrowed RON 575.4 million through an issue of 12-month discount Treasury certificates with a maturity of 12 months, at an average yield of 5.77% per annum. The nominal value of the issue was RON 500 million and banks subscribed RON 843.2 million.The Finance Ministry planned to borrow RON 5 billion from commercial banks in September 2024, to which RON 675 million can be added through additional non-competitive bidding sessions related to the bond auctions.The total amount of RON 5.675 billion is RON 25 million less than the RON 5.7 billion programmed in August 2024 and will be used to refinance public debt and finance the state budget deficit.
Romanian president Nicușor Dan thanked Donald Trump on Wednesday, November 12, for "the very kind and powerful words regarding the Romanian people," after the White House leader commented on the US troop rotation that took place last month. Trump hosted Hungarian prime minister Viktor Orbán last Friday, November 7. After the meeting, he was asked […]
Several clubs and bars in Cluj-Napoca have introduced the “Angel Shot” safety code, a discreet system designed to help women who feel threatened or in danger while out in the city’s nightlife venues, Euronews Romania reported. The measure aims to prevent harassment, assault, or drink spiking. Under the system, anyone who feels...
Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
