Romania attracts RON 2.2 billion via Fidelis bonds

Business Forum

19 September, 2025 at 12:11 PM

The Ministry of Finance has raised almost RON 2.2 billion (approx. €435 million) from investors on the BVB in September, through the eighth offering of Fidelis government bonds this year, which started trading on the stock exchange on September 18.

The total amount raised was divided between RON 813.5 million (around €161 million) and €267.7 million. This latest round of bonds attracted nearly 19,500 subscription orders from both Romanian and international investors.

Since August 2020, the Ministry of Finance has attracted a total of RON 57 billion ( €11.3 billion) from retail investors through 28 offerings. This year alone, the amount raised has reached RON 16 billion (around €3.2 billion). The primary offering took place from September 5 - 12 through the Bucharest Stock Exchange's system.

The syndicate of intermediaries included BT Capital Partners (Lead Manager), BCR, BRD, TradeVille, and UniCredit Bank, with BT and Libra Internet Bank as part of the distribution group.

The next Fidelis government bond offering is expected to start in the first decade of October. All income from these bonds, including interest and capital gains, is non-taxable.

Ministry of Finance launches eighth Fidelis bond offering of 2025

The Ministry of Finance is conducting its eighth public offering of Fidelis government bonds on the BVB, running between September 5 - 12.

Finance

Ministry of Finance offers new Fidelis bonds for retail investors

The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.

Finance

Romania raises RON 1.65 billion from Fidelis bond sale in July

The Ministry of Finance raised RON 1.65 billion (€326 million) in July through its sixth offering of Fidelis government bonds this year on the Bucharest Stock Exchange (BVB).

Energy

Electrica sets pricing for €500 million green bonds issue

Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.

Finance

BT raises RON 1.5 billion in record bond sale

Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).

Real estate

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

Energy

Electrica secures €620 million syndicated loan for energy infrastructure and renewables

Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.