The yield was higher than the 1.96% at the ministry’s previous reopening of the issue, in August.

Book orders amounted to RON1.1 billion, but the ministry only sold the planned amount. The maximum accepted yield was 2.01%, central bank data showed.

The issue will be reopened Friday in a bid to raise RON60 million at a supplementary non-competitive sale.

So far in 2015, Romania raised around RON23.6 billion worth of state paper on the local market.