Demand rose to RON563 million. The ministry last sold March 2021 bonds in November, at an average yield of 2.63%.

The issue will be reopened for non-competitive tender Tuesday, when the ministry seeks to raise an additional RON75 million.

Romania has raised around RON37.7 billion selling state paper on the local market so far in 2015 and plans to reach RON39 billion by the end of the year.

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