Romania launches Fidelis II bonds with 7.25% tax-free returns

Business Forum2 February, 2026 at 2:01 PM

Romania's Ministry of Finance will launch the Fidelis II government bond programme from 6-13 February, offering tax-free interest rates of up to 7.25% for lei-denominated bonds and up to 6% for euro-denominated bonds.

Residents and non-residents aged over 18 can subscribe to Fidelis government bonds through partner banks including BT Capital Partners & Banca Transilvania, Banca Comercială Română, B.R.D. – Groupe Société Générale, UniCredit Bank, and TradeVille in partnership with Libra Bank. The bonds are listed on the Bucharest Stock Exchange.

The February edition offers lei-denominated bonds with 6.15% interest for 2-year maturity, 6.75% for 4-year maturity, and 7.25% for 6-year maturity. Blood donors receive preferential 7.15% interest on 2-year bonds. Euro-denominated options include 3.60% for 3-year bonds, 4.50% for 5-year bonds, and 6.00% for 10-year bonds.

A special tranche for blood donors who can prove donation from 1 August 2025 offers 7.15% interest on 2-year lei bonds, with a reduced minimum subscription of 500 lei instead of 5,000 lei, capped at 100,000 lei.

Investors benefit from the ability to sell bonds before maturity on the stock exchange, tax-free returns, and portfolio flexibility. The nominal value is 100 lei for lei bonds and 100 euros for euro bonds, with minimum subscriptions of 5,000 lei and 1,000 euros respectively.

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Romania, Bucharest Stock Exchange, Ministry of Finance, BT Capital Partners, Fidelis, government bonds,