Demand was low, at just RON210.2 million.
Romania last sold March 2022 bonds in September at an average yield of 2.71%. In October, the country failed to sell any state paper, as low market liquidity put pressure on yields.
Banks-Insurance
Romania Rejects All Bids for March 2022 Bonds
Romania's finance ministry on Monday rejected all bids and failed to raise a planned 500 million lei (EUR107.53 million) selling treasury bonds maturing in March 2022, central bank data showed.