Banks offered RON3 billion, but the ministry rejected all yields above 6.72% a year.
At the previous similar auction June 6, the ministry sold RON1.2 billion in one-year paper at an average annual yield of 6.61%.
The ministry plans to sell debt worth RON4.3 billion in June, down from around RON5 billion sold a month earlier.
So far this year, Romania sold RON29.7 billion in leu-denominated state notes. Additionally, a three-year foreign currency bond auction held May 4 has brought the ministry EUR939.2 million, while an international debt sale early June raised EUR1.5 billion. (EUR1=RON4.2635)