The ministry planned to sell RON400 million at today’s auction, while book orders were almost four-times higher, at RON1.5 billion, central bank data showed.
The bond, which was launched in January 2013, was last reopened in November, when the ministry raised RON300 million at an average yield of 3.74% a year.
The issue will be reopened tomorrow in a bid to raise RON60 million at a supplementary non-competitive sale.
The ministry sold RON3.56 billion in state treasuries in January, a little above the planned amount. (EUR1=RON4.48)