Romania secures over 1 billion lei in bank loans for 2026 financing

Finance Minister Alexandru Nazare said that Romania has already secured 49% of the state financing plan for 2026, meeting the target set by the Ministry of Finance without needing pre‑financing. In July 2026 the Ministry of Finance attracted 934 million lei from banks through a benchmark bond issuance at a 6.25% yield, after investor demand of 1.189 billion lei. A supplementary non‑competitive offer on 10 July raised an additional 140.2 million lei at the same rate. The total borrowing target for July is 8.5 billion lei, 900 million more than the June plan, intended to refinance public debt and cover the budget deficit.

Retail investors participating in the Fidelis public‑debt scheme subscribed roughly 70% of the issue in euro‑denominated bonds. The 10‑year euro government bond (maturing July 2036) attracted €53.2 million of orders at a 6.20% coupon, the only rate that did not fall from June. Leu‑denominated bonds saw coupon cuts, reflecting lower borrowing costs on international markets.

Internally, 58% of the financing plan is met through domestic issuances, while 35% comes from external sources such as foreign‑currency bonds, EU funds and loans from international institutions.