Initial price guidance is set at 4.625%, the mentioned people said.
Barclays, Citibank, HSBC and BNP Paribas are arranging the deal.
According to an announcement in Romania’s Official Journal, the Finance Ministry plans to attract between $500 million and $1.5 billion at the bond auction, the first one in international markets of 2013.
Last year, the ministry sold $2.25 billion in US dollar-denominated bonds at two debt auctions at average yields of 6.875% and 6.45% a year, respectively.