The ministry planned to sell debt worth EUR150 million at the tender, and book orders amounted to EUR566.4 million.

The bond, launched in July 2011 on the local market, had the same 4.7% coupon as the original sale. The ministry raised EUR462.6 million at the first auction in 2011, at an annual yield of 4.85%.

The ministry has raised just 2.93 billion lei (EUR640 million) in six out of seven domestic auctions planned for October, below its initial target of RON4.15 billion. At the last tender this month due October 25, the ministry plans to sell paper worth RON200 million.

So far in 2012, Romania sold RON46.4 billion in leu-denominated state notes and $2.25 billion in US dollar-denominated bonds.

Early September, the country raised another EUR750 million via an international tap of its 6.5% June 2018-dated eurobond at an annual yield of 5.15%. (EUR1=RON4.5757)