Ministry of Finance launches a new Fidelis gov’t bonds public offer for individual investors on Bucharest Stock Exchange

The Ministry of Finance has launched on Bucharest Stock Exchange (BVB) a new issue of Fidelis government bonds, for the population. It is the fourth Fidelis public offer held on the local capital market in almost one year. Through the first three offers carried out since July 2020, the Ministry of Finance attracted from the population RON 6.1bn (almost EUR 1.3 bn).

„The Romanian state, with the support of BT Capital Partners & Banca Transilvania, Banca Comerciala Romana and BRD – Groupe Societe Generale, continues to issue government bonds under the Fidelis program, an attractive savings instrument that has repeatedly enjoyed the confidence of individual investors. The advantageous conditions of this program provide the population with a simple and safe way to become familiar with the mechanisms of the capital market”, said Alexandru Nazare, Ministry of Finance.

Resident and non-resident individuals over the age of 18 years can subscribe Fidelis government bonds denominated in RON and EUR within the public sale offer carried out on Bucharest Stock Exchange, between June 22^nd and July 12^th, 2021, through BT Capital Partners&Banca Transilvania, BCR and BRD-Groupe Societe Generale.

„In almost a year since the first Fidelis offering in 2020 and, judging by the amount of funds attracted, this program has proven to be a very useful one for the Ministry of Finance, the capital market, but especially for those who choose to invest their money in these financial instruments. Fidelis government bonds offer to investors an additional advantage, dynamism, and flexibility in their portfolio management by the fact that these bonds can be traded at any time on Bucharest Stock Exchange. The State, through the Ministry of Finance, proves its strong commitment for the development of the Romanian capital market”, said Radu Hanga, Bucharest Stock Exchange President.

„Government bonds are suitable investments for those investors who want to add very low risk financial instruments to their portfolios. So far, the success of the Fidelis program shows us that more and more people have understood the usefulness of these government bonds and have placed their money with confidence. Fidelis government bonds are, at the same time, a first investment on the capital market for those who have not been willing to take this step until now”, said Adrian Tanase, Bucharest Stock Exchange CEO.