Finance Ministry Lists RON 1.6bn Fidelis Bonds on BVB in June

‘The FIDELIS program continues with the same appetite for the instruments launched monthly by the Ministry of Finance, being the third best edition out of the five launched this year. The expansion of the maturity offer in the June edition supports investors to diversify their investment portfolio, in the context of the latest developments in the market, both nationally and globally. At the same time, we are pleased that, through the special tranches for blood donors, we manage to attract new investors both in the capital market and in the important social initiative of the Romanian state. We trust FIDELIS investors and our partners and will continue to offer optimal conditions for Romanians and support the development of the capital market’, stated Tanczos Barna, Vice Prime Minister, Minister of Finance.

‘Fidelis government bonds represent an important pillar in the sustainable development of the Romanian capital market. Through these recurring issues and their listing on the Bucharest Stock Exchange, the Ministry of Finance offers not only a modern and safe alternative for savings for the population, but also a clear signal that the capital market is a strategic financing channel for the State. Fidelis contributes to broadening the investor base, increasing liquidity and promoting a solid investment culture, in a transparent and accessible environment and we congratulate the Ministry of Finance, the brokerage syndicate and the partner RockFM for this success’, said Radu Hanga, Bucharest Stock Exchange President.

‘The role of the Stock Exchange is to create bridges between capital and opportunities. And Fidelis is a concrete example of efficient collaboration between the public and financial sectors, for the benefit of the Romanian economy and the citizens who choose to invest. This initiative strengthens the link between the State and the capital market, transforming the relationship between the citizens and the public finances into a more direct, responsible and future-oriented one. We are glad that the Bucharest Stock Exchange plays an active role in this process, and we will continue to support the initiatives that bring the real economy and investors closer to each other’, stated Adrian Tanase, Bucharest Stock Exchange CEO.

The primary offer for sale of Fidelis government bonds was carried out by the syndicate formed by BT Capital Partners (Lead Manager), Alpha Bank Romania, Banca Comerciala Romana, BRD – Groupe Societe Generale and TradeVille (Intermediaries) and Banca Transilvania, Libra Internet Bank (Distribution Group).

„With each Fidelis issuance, we observe a growing interest from retail investors in long-term financial planning and investment diversification. The extended maturities and attractive yield curve contribute to developing a healthy relationship with money, one that starts from a clearer understanding of risk profiles and an increased level of financial literacy. Moreover, the steady flow of investors reflects confidence in the market and the value of recurring issuances. BCR continues to support this trend through transparency, relevant information, and solutions tailored to clients and their investment portfolios”, said Andrei Ionut Popescu, Executive Director Financial Markets, BCR.

During this offer, which took place between June 6^th and 16^th, Romanians placed over 17,600 subscription orders, for both RON denominated and EUR denominated government bonds.

The details are available in the next table:

The income obtained through the investment in FIDELIS government bonds, both from interest and from capital gains, is non-taxable.

Resident and non-resident individuals over the age of 18 up to the closing of the offer were able to invest in the issuance of Fidelis government bonds.