Banks offered RON548.8 million at today’s tender, central bank data showed.
At the latest similar auction in December 2012, the ministry sold RON100 million of 15-year paper at an average yield of 6.98% a year.
The ministry sold state treasuries worth RON3.75 billion in May, slightly down from RON3.78 billion initially estimated. A month earlier, the ministry sold debt worth RON2.5 billion.
So far in 2013, the Romania sold RON24.67 billion in leu-denominated notes and EUR1.08 billion at two euro-denominated auctions on the local market. Additionally, the ministry tapped international markets for $1.5 billion at a US dollar-bond auction in February. (EUR1=RON4.3497)