At the most recent reopening of the bond in August, the ministry sold RON300 million of 3-year paper at an average yield of 2.61% a year.
Banks offered RON981.6 million, but the ministry sold only the planned amount. The issue will be reopened tomorrow in a bid to raise RON60 million at a supplementary non-competitive sale.
The ministry plans to sell a little over RON3 billion in state treasuries in September.
So far in 2014, the country sold RON28.3 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 EUR1.25 billion in a ten-year Eurobond sale in April.