Banks offered almost RON2 billion in the latest auction of the month, central bank data showed. The issue will be reopened tomorrow in a bid to raise RON45 million at a supplementary non-competitive sale.
At the previous similar tender July 7, the ministry sold RON400 million of seven-year notes at an average yield of 3.5%.
The ministry plans to sell state treasuries worth almost RON3.7 billion in November, slightly higher than the target of RON3.65 billion.
So far in 2014, the country sold RON37.4 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 ten-year Eurobond sales. (EUR1=RON4.4347)