Book orders were at RON1.7 billion, and the maximum accepted yield was 2.01%, central bank data showed.
The issue will be reopened tomorrow in a bid to raise RON90 million at a supplementary non-competitive sale.
At the previous similar auction in January, the finance ministry raised RON500 million, at an average annual yield of 2.19%.
The ministry plans to sell RON5 billion in state treasuries in February, up from RON3.6 billion in January. (EUR1=RON4.4088)