Book orders amounted to RON1.32 billion, but the ministry sold only the targeted amount, central bank data showed. The maximum accepted yield was 1.5%.
The yield was slightly lower than 1.6% at an auction in December, when the ministry sold RON1 billion in 12-month paper. In January, the treasury sold 11-month paper at a record low yield of 1.36%.
In February, the ministry plans to sell debt worth of RON5 billion, from RON3.6 billion in the previous month.
Including today’s auction, the ministry raised around RON2.9 billion in February.
Last year, the country sold more than RON40 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 2014, and raised EUR2.75 billion in two ten-year Eurobond issues.