Banks offered RON1.2 billion at today’s tender, central bank data showed.

At the latest similar auction March 7, the ministry sold RON500 million of four-year paper, at an annual yield of 5.49%.

The ministry plans to sell state treasuries worth RON2.5 billion in April, down from RON3 billion in the previous month.

Also in April, the institution sold EUR581.4 million in the reopening of its February 2016 Eurobond, at a record low average yield of 2.9% a year.

So far in 2013, the country sold RON20.52 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=RON4.3552)