Banks offered RON2.22 billion at today’s tender, central bank data showed.
At the previous similar tender July 8, the ministry sold RON300 million in five-year paper at an average yield of 4.79% a year.
The ministry plans to sell state treasuries worth RON1.76 billion in July, down from the RON2.15 billion raised a month earlier. Additionally, Romania plans to raise EUR150 million in a second reopening of its February 2016 Eurobond at a local auction scheduled for July 18.
So far in 2013, Romania sold RON27.63 billion in leu-denominated notes and EUR1.08 billion at two euro-denominated auctions on the local market. The ministry also tapped international markets for $1.5 billion at a US dollar-bond auction in February. (EUR1=RON4.4298)