Demand rose to RON906.8 million and the yield was lower than the 2.72% average accepted at a previous opening of the issue in October.

The maximum accepted yield at Monday’s bond tender was 2.65%, the data showed.

The ministry will reopen the issue Tuesday for a non-competitive tender in which it hopes to raise RON75 million.

Romania has sold around RON32.2 billion worth of state paper on the local market so far this year.

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