Book orders were up to RON1.62 billion, but the ministry only sold the planned amount, central bank data showed.

The bond was last reopened in October, when the ministry raised a planned RON300 million.

The average yield at today’s auction went down to 2.77%, from 3.09% on October.

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

The ministry plans to sell almost RON3.65 billion in state treasuries in November.

So far in 2014, the country sold RON34.9 billion in leu-denominated notes and EUR928.7 million at four euro-denominated auctions on the local market.

The ministry also tapped international markets for $2 billion at a two-part U. S. dollar bond issue in January, and raised EUR2.75 billion in two ten-year Eurobond sales. (EUR1=RON4.4277)