Banks offered RON918 million at today’s tender, central bank data showed.
At the latest similar tender in June, the ministry rejected all bids at a RON300 million sale, citing high yields. A month earlier, the ministry had raised RON600 million in a reopening of the bond at an annual yield of 5.03%.
The ministry plans to sell state treasuries worth RON1.98 billion in August, above the RON1.75 billion raised a month earlier.
So far in 2013, Romania sold RON29.16 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=RON4.4399)