The average yield at today’s auction went down to 2.19%, from 2.77% at the previous reopening of the bond, on November 6, when the ministry sold a similar RON500 million.

Book orders were up to RON1.97 billion, and the maximum accepted yield was 2.2%, central bank data showed.

The issue will be reopened tomorrow in a bid to raise RON75 million at a supplementary non-competitive sale.

The ministry plans to sell RON3.5 billion in state treasuries in January. So far in 2015, the country raised RON2.06 billion at government paper tenders. (EUR1=RON4.5034)