Finance Ministry plans loans of RON 5.8 bln in June, up by 42 pct compared with May

Georgiana Bendre 06/06/2017 | 14:03

The Public Finance Ministry plans loans of RON 5.82 billion in June, a growth by 42 percent compared with May, accoring to official data.

From the overall loans planed for June, around RON 5.3 billion will be attracted within eight auctions of treasury and state bonds certificates and RON 525 million within supplementary sessions of non-competitive offers.

The amounts will be allocated to the state budget deficit and refinancing the public debts.

According to the issuing estimations, the Ministry will organize two tenders of treasury certificates with discounts in June, amounting to RON 1.8 billion. The first auction will be launched on June 8, in value of RON one billion and the second one will be on June 15 in value of RON 800 million.

There will also be six bonds tenders of benchmark type, with maturity of 2,4,5,7 and 15 years, in value of RON 3.5 billion, each followed the second day by a supplementary session of non-competitive offers.

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