Debt managers, who had planned to sell 600 million lei, last issued the paper in June, at an average yield of 4.02pc.

So far this year, Romania has sold just over 29 billion lei and 506.7 million euros on the local market. It also tapped foreign markets in March and July for 5 billion euros worth of 2026, 2031, 2034, and 2049, Eurobonds.