Romania raises additional funding from bond sale

Business Forum

28 March, 2025 at 6:11 PM

Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday, in addition to the RON 500 million (€100 million) secured during Thursday's auction.

The funds were obtained through a benchmark government bond issue with a residual maturity of 121 months, at an average yield of 7.47% per annum.

The nominal value of this supplementary issue was RON 75 million, with banks submitting bids totaling RON 150 million (€30 million).

For March 2025, the Ministry of Finance has outlined plans to borrow RON 7.4 billion (€1.5 billion) from commercial banks. An additional RON 840 million (€169 million) could be raised through supplementary non-competitive bid sessions linked to these bond auctions.

The total planned borrowing for March, reaching RON 8.24 billion (€1.65 billion), surpasses February's scheduled amount by RON 200 million (€40 million).

These funds are earmarked for refinancing public debt and covering the state budget deficit.

Romania cuts budget deficit to 6.40% in first 11 months

Romania's consolidated general budget recorded a deficit of  RON 121.77 billion (€23.90 billion), equivalent to 6.40% of GDP, in the first eleven months of 2025, down 0.74 percentage points from 7.15% in the same period of 2024.

Finance

BT raises €500 million in CEE's largest AT1 bond issue

BT has completed CEE's largest Additional Tier 1 (AT1) bond issuance, raising €500 million in the international capital markets.

Finance

Romania's Fidelis bonds attract over €260 million in November

Romania's tenth Fidelis government bond issuance of 2025 attracted subscriptions worth over RON 1.3 billion lei (€260 million) during its seven-day offering period from November 7-14, demonstrating continued strong investor interest in this savings instrument.

Finance

Romania raises over RON 800 million from banks

The Ministry of Finance (MF) has borrowed RON 833 million (around €167.3 million) from banks through two state bond issues, according to BNR data.

Finance

Fidelis government bonds worth over RON 2.2 billion listed on BVB

The latest series of Fidelis government bonds, issued by the Ministry of Finance, have been listed on the Bucharest Stock Exchange (BVB).

Finance

Romania raises €4 billion in record Eurobond issuance

The Romanian Ministry of Finance successfully raised €4 billion on October 2 in its final and most successful Eurobond issuance of the year.

Finance

Romania's Ministry of Finance launches new Fidelis bonds offering

The Romanian Ministry of Finance has announced the launch of the ninth Fidelis government bond programme for 2025, with subscriptions open from 10–17 October.