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Bucharest
November 25, 2020
BUSINESS

Finance Ministry targets RON 4.3 bln-loan in June

The Ministry of Public Finance (MFP) intends to sell, in June, on the internal market, state bonds amounting to RON 4.3 bln, below the value of loans contracted in May, of RON 4.97 bln, Mediafax reports. Thus, the Treasury will put on sale one-year-certificates in two auctions, with estimative values of RON 1.2 bln and, respectively, RON 1.4 bln. At the same time, the Treasury intends to re-open three-year and five-year-bonds emissions, by which it intends to draw RON 500 M and, respectively, RON 600 M. The last auction in June will offer securities maturing in ten years, by which the institution proposes to take a RON 600 M-loan.

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