The ministry planned to sell RON1.5 billion at Monday’s auction. Banks offered RON4.3 billion, central bank data showed.

At the latest similar auction January 16, the ministry sold RON3.45 billion in one-year paper at an average yield of 6.21%.

The ministry plans to sell debt worth RON5 billion in February. A month earlier, the ministry sold RON9.93 billion in leu-denominated paper and $1.5 billion in US dollar-denominated bonds. (EUR1=RON4.342)