Book orders amounted to RON1.5 billion, but the ministry sold only the targeted amount, central bank data showed. The maximum accepted yield was 1.43%.
The yield was slightly lower than 1.43% at an auction earlier this month, when the ministry sold RON500 million in five-month paper.
In January, the ministry plans to sell debt worth of around RON3.5 billion. The ministry announced an indicative target of RON12 billion to RON14 billion in debt sales in the first quarter.
Including today’s auction, the ministry raised around RON3 billion so far this year. The last tender of January is scheduled for Monday, when the ministry plans to sell RON400 million in 10-year bonds.
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.