Banks offered RON1.08 billion, but the ministry rejected all yields above 5.31%, central bank data showed.

At the latest similar tender September 26, the ministry sold RON500 million in 10-year paper at an average yield of 5.25% a year.

The ministry plans to sell debt worth RON4.55 billion in November, down from RON5.25 billion raised a month earlier.

So far in 2013, Romania sold RON40.41 billion in leu-denominated notes and EUR1.57 billion at four euro-denominated auctions on the local market.

The ministry also tapped international markets for $1.5 billion at a US dollar-bond sale in February and raised another EUR2 billion at two Eurobond sales in September and October, respectively. (EUR1=RON4.4356)