Banks offered RON1.08 billion, central bank data showed.

At the latest similar auction December 3, the ministry also sold RON500 million of one-year paper, at an average yield of 6.29% a year.

The ministry plans to sell state paper worth RON3.1 billion in December, slightly down from RON3.5 billion in the previous month.

So far in 2012, Romania sold on the local market RON51.6 billion in leu-denominated state notes and EUR763.3 million from tapping two existing foreign currency bonds, due 2014 and 2015, respectively.

Additionally, Romania tapped international debt markets for $2.25 billion at two US dollar-denominated bond sales and raised another EUR2.25 billion via two Eurobonds. (EUR1=RON4.5339)