Banks offered RON1.15 billion at today’s tender, and the ministry rejected all yields above 4.75% a year, central bank data showed.
At the previous similar tender August 19, the ministry sold RON500 million in three-year paper at an average yield of 4.28% a year.
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 RON31.54 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=RON4.4705)