Ministry of Finance planning to borrow over RON 6.2 billion from banks in February 2024
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The Ministry of Finance (MF) is planning to raise this February RON 5.5 billion from commercial banks, to which another RON 705 million may be added through additional non-competitive bidding sessions related to bond auctions.
The total amount of RON 6.205 billion is RON 115 million less than the RON 6.32 billion scheduled in January 2024 and will be used to refinance public debt and finance the state budget deficit, agerpres reports. According to the prospectus published in the Official Journal, on February 1 an auction was held for a discount T-bill issue worth RON 300 million, maturing on…
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