At the previous similar auction on June 3, the ministry sold RON500 million worth of state bonds at an average yield of 4.66%.

Banks offered RON1.66 billion at Monday auction, according to the data. The ministry has scheduled a supplementary non-competitive tender for its April 2015 bond reopened today for Tuesday, when it plans to attract RON30 million.

In July, the ministry plans to sell leu-denominated treasuries worth RON1.76 billion, down from RON2.15 billion in the previous month. Additionally, Romania plans to raise EUR150 million in a second reopening of its February 2016 Eurobond at a local auction scheduled for July 18.

So far in 2013, Romania sold RON26.81 billion in leu-denominated notes and EUR1.08 billion at two euro-denominated auctions on the local market. The ministry also tapped international markets for $1.5 billion at a US dollar-bond auction in February. (EUR1=RON4.4485)