Romanian finance minister says borrowing costs fell as investor appetite returns

Alexandru Nazare announced that Romania was able to borrow at reduced rates on Monday, signalling positive market signals after recent rating confirmations by major agencies. The yield curve moved lower across the board, especially for medium- and long-dated bonds, and a fresh auction saw robust demand that let the finance ministry price part of the issue beneath prevailing secondary-market yields. Nazare explained that a diversified investor base, including banks, long-term local investors and private pension funds, now holds a larger share of government securities, while foreign non-resident holdings have fallen to their lowest level in five years.

He said the goal is to make this lower-cost financing a structural feature, broadening the investor pool and reducing reliance on volatile external sentiment. Ultimately, the ministry aims to sustain rating stability, cut financing costs and strengthen the domestic bond market for greater economic resilience.