The ministry had planned to sell RON100 million at the tender, but it didn’t receive enough bids, central bank data showed. The average yield was 4.63%, unchanged from yesterday.
Monday, the ministry sold a planned RON1 billion 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 RON3.9 billion in September, well above the RON2 billion raised a month earlier.
So far in 2013, Romania sold RON31.59 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=RON4.4653)