Romania sells 300 mln lei (66.5 mln euro) in 2-yr T-notes

The yield was 6.1%, up from 5.98% achieved at the last auction when bids were accepted held on July 16.

Bids were placed for 1.2 billion lei worth of government debt, the central bank, which sells government securities on behalf of the finance ministry, said in a statement. The average accepted price was equal to 99.5549% of par.

The finance ministry has sold 42.3 billion lei worth of government paper on the domestic market so far this year. Romania also sold $2.25 billion (1.74 billion euro) in ten-year dollar-denominated bonds on the U.S. market in January and February of 2012 an 750 million euro in euro-denominated bonds this month.

(1 euro = 4.5111 Romanian lei)