Banks offered RON1.3 billion at today’s auction, but the ministry rejected all yields above 5.7% a year.
Romania expects to sell RON2.5 billion in debt this month, up from RON1.5 billion sold in July.
So far in 2012, the country sold RON38.23 billion in leu-denominated state notes and $2.25 billion in US dollar-denominated bonds. (EUR1=RON4.574)