The ministry has received offers for RON219 million worth of bonds, but it didn’t want to sell more than its initial plan.
The bond was last reopened in September, when the ministry raised RON100 million at an average yield of 4.35% a year.
The issue will be reopened tomorrow in a bid to raise RON30 million at a supplementary non-competitive sale.
The ministry raised so far in November RON2.6 billion at treasury auctions, out of a monthly plan of RON3.6 billion.
So far in 2014, the country sold RON36.5 billion in leu-denominated notes and EUR928.7 million at four euro-denominated auctions on the local market.
The ministry also tapped international markets for $2 billion at a two-part U. S. dollar bond issue in January, and raised EUR2.75 billion in two 10-year Eurobond sales. (EUR1=RON4.4243)