Romania borrows EUR 3.2 bln from households, 3 times up y/y in Q1
<p>The Romanian Ministry of Finance, through its Fidelis and Tezaur issues, has borrowed RON 16 billion (EUR 3.2 billion) from the population in Q1, three times up y/y, according to data compiled by <a href="https://www.profit.ro/profitul-tau/servicii-financiare/banci/romanii-au-imprumutat-deja-statul-cu-o-suma-uriasa-in-acest-an-populatia-poate-asigura-in-2025-peste-20-din-nevoia-de-imprumuturi-un-nivel-record-21995113?mc_cid=2aa8fd65ed&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Profit.ro</a>.</p>

<p>The state debt purchased by Romanian households accounts for just over half of the RON 30 billion (EUR 6 billion) collected by the Treasury through primary issues on the interbank market. Slightly more (EUR 6.4 billion) was raised with FX bonds.</p>

<p>Romania’s financing target for the whole year is RON 232 billion, an amount calculated to cover a 7%-of-GDP budget deficit and the need to roll over old debt that is reaching maturity. Out of this, the Treasury plans to collect RON 46 billion (roughly 20%) from households, up from 13% last year.</p>

<p>For the entire year 2024, the state sold RON 32.7 billion worth of state debt to households, 13% of the total RON 252 billion financing needs.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: Facebook/Bursa de Valori Bucuresti)</em></p>