Romania raises some EUR 3.7 bln through private placements this year
The Romanian government has borrowed approximately RON 20 billion (the equivalent of EUR 3.7 billion) through private placements since the beginning of the year and until September 10, including RON 9.4 billion raised domestically and EUR 1.9 billion on international markets.
iulian ernst · Journalist
· 1 min read
The Treasury raised the equivalent of EUR 1.9 billion on international markets through six such transactions, while domestic private placements brought in RON 9.4 billion through eight transactions, according to Cursdeguvernare.ro.
At this scale, the private placements have served as an emergency financing tool for the Treasury amid international market turbulence linked to the US-Iran conflict and the war, as well as Romania’s prolonged political crisis following the breakup of the pro-European governing coalition. The crisis escalated after the Social Democratic Party (PSD) joined AUR in tabling and voting for a motion of no confidence that brought down the Ilie Bolojan government.
