The five-year Eurobond was launched on January 23 and carries a coupon of 3.4%.
The ministry raised EUR278.7 million at the original auction in January, at an average yield of 3.18% a year, and drew EUR400 million at two additional sales in February and March, respectively.
Romania plans to sell leu-denominated treasuries worth 3.24 billion lei (EUR739 million) in August, down from roughly RON4.47 billion in the previous month.
For the third quarter of 2014, the ministry has announced an indicative target of RON10 billion to RON12 billion, of which about 30% will be short-term debt.
“Regarding the euro-denominated debt sales, the ministry maintains its policy to cut back on these issues, in line with its objective to strengthen the yield curve on leu-denominated treasuries and to limit the foreign currency risks,” the ministry said.
So far in 2014, the country sold RON28.37 billion in leu-denominated notes. The ministry also tapped international markets for $2 billion at a two-part U. S. dollar bond issue in January, and raised EUR1.25 billion in a ten-year Eurobond sale in April. (EUR1=RON4.3873)