Banks offered RON668.8 million, central bank data showed.

At the latest similar tender January 13, the ministry sold RON560 million in 10-year paper at an average yield of 4.99% a year.

So far in January, the ministry sold debt in local currency worth around RON4.83 billion , up from RON4.03 billion initially targeted. Also this month, the ministry sold $2 billion in 10 and 30 year US dollar-denominated bonds in international markets and raised another EUR278.7 million at a Eurobond sale on the local market.

In 2013, Romania sold RON48.54 billion in leu-denominated notes and EUR1.57 billion at four euro-denominated auctions on the local market.

The country also tapped international markets for $1.5 billion at a US dollar-bond sale last year and raised another EUR2 billion at two Eurobond sales. (EUR1=RON4.54)