The planned bond value was RON700 million and the ministry announced an additional session of non-competitive bids worth RON146.3 million.
Seven primary dealers participated in the auction.
Total demand stood at RON1.35 billion, of which RON1.34 billion represented competitive bids. Of total subscriptions, the ministry awarded RON975.1 million nominal value.
The average award yield was 6.59% and the maximum yield accepted was 6.60%. The average award price was RON100.87 for RON100 nominal value.
The auction is part of a program through which the finance ministry finances the budget deficit and refinances the matured public debt by raising funds on the domestic market.