The ministry has scheduled eight auctions in December, same as in the previous month.
Three short-term debt auctions are expected to bring the ministry RON1.7 billion, while five bond issues are seen raising RON1.4 billion.
So far in 2012, Romania sold on the local market RON50.1 billion in leu-denominated state notes and EUR763.3 million from tapping two existing foreign currency bonds, due 2014 and 2015, respectively.
Additionally, Romania tapped international debt markets for $2.25 billion at two US dollar-denominated bond sales and raised another EUR2.25 billion via two Eurobonds.
Austrian lender Erste Group Bank AG estimates Romania’s financing needs will reach RON70 billion in 2013, roughly unchanged on the year.
The bank said in a report Wednesday that Romania should tap international debt markets more often to cover its financing needs in 2013 and 2014, as the move would help consolidate the central bank’s foreign currency reserves, while providing longer repayment periods. (EUR1=RON4.5118)