Resident and non-resident individuals over the age of 18 can invest in FIDELIS government bonds denominated in lei and euros, starting Monday, December 9, until Wednesday, December 18, according to the Ministry of Finance.
Subscription can be made through partner banks BT Capital Partners&Banca Transilvania, Banca Comercială Română, BRD – Groupe Societe Generale and Alpha Bank, securities that are listed on the Bucharest Stock Exchange. For the first time, donors can opt, in addition to the usual 1-year issue, for 3-year government securities, in lei, at an interest rate of 7.90% per year, the highest so far.
Moreover, investors who wish to subscribe in euros benefit for the first time from different maturities compared to previous editions: an issue with a maturity of 2 years and an interest rate of 3.75% per year and a 7-year issue, with an interest rate of 5.75% per year. According to the cited source, the Ministry of Finance continues to support blood donation through special tranches dedicated to blood donors that will apply to government securities issued in lei, with a maturity of 1 year and 3 years, with interest of 7.45% and, respectively, 7.90%.
Another benefit offered to donors is the 10-fold decrease in the minimum subscription threshold from 5,000 lei to 500 lei. People who provide proof of blood donation starting with July 1, 2024 can benefit from the advantageous conditions of the new issue.
In addition to the special tranches, the FIDELIS edition that debuts on December 9 will also contain the following issues: government bonds in lei, with maturities of 1 year and 5 years and annual interests of 6.45% and, respectively, 7.60%, and government bonds in euros, with maturities of 2 years and 7 years and annual interests of 3.75% and, respectively, 5.75%.
The nominal value of a FIDELIS government bond is 100 lei for the issue in lei and 100 euros for the issue in euros, and the minimum subscription threshold is 5,000 lei and 1,000 euros, respectively.
In the process of subscribing to FIDELIS government bonds, no commissions are charged by intermediary banks, and the income obtained, both from interest and from capital gains, is non-taxable.
Holders of FIDELIS government bonds issued under previous issues that have reached maturity can reinvest the undrawn cash at maturity by subscribing under this new issue. There is also the possibility of selling the bonds before maturity, receiving the interest related to the holding period.