The ministry has scheduled seven auctions in March.

Three short-term debt sales are expected to bring the ministry a total of RON2.3 billion, while four bond issues are seen raising RON2.7 billion.

So far in 2012, Romania sold RON18.25 billion (EUR4.2 billion) in leu-denominated state notes. Additionally, the ministry sold $2.25 billion in 10-year US dollar-denominated bonds on the American market. (EUR1=RON4.3486)