Banks offered exactly RON50 billion at today’s tender, central bank data showed. The average yield was 4.45%, unchanged from yesterday.
Monday, the ministry sold a planned RON500 million in the reopening of a five-year bond due November 2018, at an average yield of 4.45% a year, slightly lower than at the previous auction.
Romania sold so far this year RON39.6 billion in leu-denominated notes and EUR1.57 billion at four euro-denominated auctions on the local market. Also, the ministry tapped international markets for $1.5 billion at a US dollar-bond auction in February, and EUR2 billion in two Eurobond sales in September and October. (EUR1=RON4.443)