The ministry sold a planned RON500 million in seven-month treasury bills at an average yield of 4% a year, well below from 5.53% a year at the previous tender with a similar maturity.

Additionally, the ministry raised another RON800 million at a five-year bond sale. The average yield fell to 4.45% a year, from 5.09% a year in April.

Yields at Romanian debt auctions have been falling to record-breaking lows during the past month, as investor appetite improved following positive recommendations from international lenders.

The ministry plans to sell state treasuries worth RON3.78 billion in May, above the RON2.5 billion raised a month earlier.

So far in 2013, the Romania sold RON22.22 billion in leu-denominated notes and EUR1.08 billion at two euro-denominated auctions on the local market. Additionally, the ministry tapped international markets for $1.5 billion at a US dollar-bond auction in February. (EUR1=RON4.3249)