The new issues of Fidelis government bonds offered for subscription by the Romanian Ministry of Finance in September keep interest rates unchanged from the previous month, at up to 7.5% per annum for issues in lei and up to 6.3% for those in euros – both yields applying to the 10-year maturities.<\/p>\n
Investors can subscribe at an interest rate of 6.3% for the two-year lei maturity, 6.9% for the four-year maturity and 7.5% for the 10-year maturity. For the euro-denominated component, interest rates remain at 4% for three years and 6.3% for ten years. Neither level has changed compared with August, although the two issues are separated by a month.<\/p>\n
Fidelis bonds, traded on the Bucharest Stock Exchange, are the main channel through which the state borrows directly from individuals. The income obtained from holding them is non-taxable, which keeps them competitive with bank deposits. Tezaur bonds, which are not traded on the Bucharest Stock Exchange, are also sold through a broader range of distribution channels.<\/p>\n
The special tranches for blood donors are also maintained, with a 7.3% yield for the two-year lei maturity and 5% for the three-year euro maturity, also unchanged from August.<\/p>\n
Subscriptions can be made by resident and non-resident individuals aged 18 or over through BT Capital Partners, Salt Bank and Banca Transilvania, Banca Comercial\u0103 Rom\u00e2n\u0103, BRD – Groupe Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, UniCredit Bank and TradeVille, in partnership with Libra Bank.<\/p>\n
The securities are subsequently listed on the Bucharest Stock Exchange, allowing holders to sell them before maturity, at the market price and with interest corresponding to the holding period.<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n (Photo source: Facebook\/Bursa de Valori Bucuresti)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The new issues of Fidelis government bonds offered for subscription by the Romanian Ministry of Finance in September keep interest rates unchanged from the previous month, at up to 7.5% per annum for issues in lei and up to 6.3% for those in euros – both yields applying to the 10-year maturities. Investors can subscribe […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11803","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/11803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11803"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/11803\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}