This new tranche of bonds is part of a combined programme with the Tezaur scheme, offering a full range of maturities from 1 to 10 years for investors.

For RON-denominated bonds, interest rates are 7.20% for a 2-year maturity, 7.60% for a 4-year maturity, and 7.90% for a 6-year maturity.

Investors in euro-denominated bonds can earn 4.15% for a 3-year maturity, 5.25% for a 5-year maturity, and 6.50% for a 10-year maturity.

The previous eight bond issues in 2025 have already attracted a total investment of over RON 16.12 billion (€3.26 billion) from 169,191 subscription orders. 

Income from Fidelis bonds is tax-exempt, and investors can also sell their bonds before maturity on the stock exchange. 

The bonds have a nominal value of RON 100 for RON issues and €100 for euro issues.