Demand amounted to over RON1.2 billion.
Romania last sold December 2022 bonds in February 2018 at an average yield of 4.11%.
The government plans to sell RON5 billion worth of state paper on the local market in March.
Romania's finance ministry on Thursday raised 763.2 million lei (EUR158.7 million), versus a RON500 million target, selling treasury bonds maturing in December 2022 at an average yield of 3.12%, central bank data showed.