At the previous reopening of the issue on November 14, the ministry sold RON700 million in five-year paper at an average yield of 4.7% a year.
Banks offered RON1.31 billion at today’s tender, central bank data showed.
The ministry plans to sell state treasuries worth around RON4 billion in December, down from RON4.55 billion in the previous month.
So far in 2013, Romania sold RON45.46 billion in leu-denominated notes and EUR1.57 billion at four 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 and raised another EUR2 billion at two Eurobond sales in September and October, respectively. (EUR1=RON4.4687)