The ministry sold a planned RON500 million in one-year treasury bills at an average yield of 5.02% a year, down from 5.29% a year at the previous tender.
Additionally, the ministry raised another RON500 million at a seven-year bond sale. The average yield fell to 5.61% a year, from 6.4% a year in May 2012.
The ministry plans to sell state treasuries worth RON3 billion in March, below the RON4 billion raised a month earlier. The ministry sold debt worth RON500 million at each of the five auctions held this month. The final tender of the month, due next week, is expected to fetch another RON500 million.
So far in 2013, Romania sold RON17.92 billion in leu-denominated notes and EUR502.5 million at a three-year euro-denominated auction on the local market. Additionally, the ministry tapped international markets for $1.5 billion at a US dollar-bond auction in February. (EUR1=RON4.417)