The ministry planned to sell paper worth RON400 million at Thursday’s auction. Banks offered RON1.37 billion, central bank data showed.
At the previous similar auction January 19, the ministry sold RON436 million in five-year paper at an annual yield of 7%.
The ministry plans to sell debt worth RON5 billion in February. A month earlier, the ministry sold RON9.93 billion in leu-denominated paper and $1.5 billion in US dollar-denominated bonds. (EUR1=RON4.3497)