The average yield for the bond due in January 2018 was 2%, down from 2.11% on April 2, when the treasury last reopened the bond issue, selling a similar RON400 million.
Book orders amounted to RON771.4 million and the maximum accepted yield at Monday’s auction was 2.02%, central bank data showed.
The issue will be reopened tomorrow in a bid to raise RON60 million at a supplementary non-competitive sale.
So far in 2015, the ministry raised RON14.7 billion at bond auctions on local market.