The ministry had planned to sell RON50 million at the tender, but it didn’t receive enough bids, central bank data showed. The average yield was 4.28%, unchanged from yesterday.
Monday, the ministry sold a planned RON500 million in the reopening of the bond issue, which was first launched on the local market in June 2013.
The ministry plans to sell state treasuries worth RON1.98 billion in August, above the RON1.75 billion raised a month earlier.
So far in 2013, Romania sold a little over RON30 billion in leu-denominated notes and EUR1.41 billion at three euro-denominated auctions on the local market. The ministry also tapped international markets for $1.5 billion at a US dollar-bond sale in February. (EUR1=RON4.45)