Banks offered RON864 million at today’s tender, central bank data showed.
At the previous similar tender August 12, the ministry sold RON300 million in five-year paper at an average yield of 4.23% a year. The ministry raised another RON30 million at a non-competitive bid for the same bond issue.
The ministry sold state treasuries worth RON1.975 billion in August, just shy of its RON1.98 billion target.
So far in 2013, Romania sold a little over RON30.5 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=RON4.44)