The bond, which was launched in July 2014, was last reopened in February, when the ministry raised RON600 million at an average yield of 2.81% a year.

Book orders amounted to RON562.9 million and the maximum accepted yield was 3.11%, central bank data showed. The issue will be reopened tomorrow in a bid to raise RON30 million at a supplementary non-competitive sale.

The ministry plans to sell RON3.3 billion in state treasuries in March, down from RON4.7 billion in February. So far this year, the ministry raised RON9.4 billion at bond auctions on local market. (EUR1=RON4.436)