Book orders amounted to RON2 billion, but the ministry sold only the targeted amount, central bank data showed. The maximum accepted yield was 1.49%.

The yield was slightly higher than 1.36% at an auction in January, when the ministry last sold eleven-month paper.

The ministry sold RON2.7 billion worth of state treasuries in April, down from RON3.3 billion in the previous year. So far in 2015, the ministry raised RON14.3 billion at bond auctions on local market.