Banks offered RON661 million, central bank data showed. The issue will be reopened during a supplementary non-competitive tender tomorrow in a bid to raise another RON45 million.

At the latest reopening of the bond in January, the ministry sold roughly RON714 million of five-year paper at an average yield of 4.15%.

Romania plans to sell state treasuries worth RON3.71 billion in June, slightly up from RON3.48 billion raised a month earlier.

So far in 2014, the country sold RON20.64 billion in leu-denominated notes and EUR678.7 million at three euro-denominated auctions on the local market.

The ministry also tapped international markets for $2 billion at a two-part U. S. dollar bond issue in January, and raised EUR1.25 billion in a ten-year Eurobond sale in April. (EUR1=RON4.3993)