Romania’s Ministry of Public Finance organizes today, July 7, a tender for a 7-year bond issuance worth some EUR 91 million, reports local Capital. This is the Treasury’s first transaction with government bonds carried out in July.

The ministry planned to attract some RON 4.1 billion (under EUR 1 billion) loans from commercial banks in July, out of which RON 3.7 billion (EUR 844 million) though auctions of treasury bills and government bonds.

Some other RON 405 million (EUR 92.4 million) are to be attracted via additional sessions of uncompetitive offers, related to the bond auctions.

Irina Popescu, irina.popescu@romania-insider.com