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Ministry of Finance plans to borrow almost seven billion lei in September

October 6, 2025

The ministry of finances (MF) planned, in September 2025 loans from commercial banks worth 6.2 billion lei, plus the sum of 795 million lei through supplementary sessions of non-competitive bidding, related to bond auctions.The total sum of 6.995 billion lei is by 385 million larger than the one which was programmed for August this year, of 6,61 billion lei and it will be destined to refinancing and early repayment of public debt and financing the state budget deficit.According to the prospectus published in the Official Gazette, on September 4 there will be an auction for an issue of Treasury certificates with discount in the amount of 500 million lei maturing on August 31, 2026, and on September 18 for an issue of 400 million lei maturing on March 30, 2026. Auctions will also be organized during September for 13 benchmark bond issues with a total amount of RON 5.3 billion, followed the next day by an additional non-competitive bidding session with an amount of 15% of the initial amount of the bond issue (RON 795 million in total).   Thus, auctions were scheduled for one bond issue of 300 million lei on September 11, ten of 400 million lei on September 1, September 4, September 8, September 11, September 15 (two), September 22, September 25 (two) and September 29, and two issues of 500 million lei on September 1 and September 8.  

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