Resident and non-resident individuals over 18 can subscribe to Fidelis government bonds through partner banks including BT Capital Partners & BT & Salt Bank, BCR, BRD, Unicredit Bank, and Tradeville in partnership with Libra Bank. The bonds are listed on the Bucharest Stock Exchange (BVB).
Interest rates vary by currency and maturity. RON-denominated bonds offer 6.6% for 2-year maturity, 7.1% for 4-year maturity, and 7.6% for 6-year maturity. Euro-denominated bonds offer 4.25% for 3-year maturity, 5.25% for 5-year maturity, and 6.4% for 10-year maturity.
The nominal value is RON 100 and €100 per bond, with minimum subscriptions of RON 5,000 or €1,000 respectively.
All income from both interest and capital gains is tax-exempt. Investors can sell bonds before maturity on the stock exchange and receive interest for the holding period. The bonds are fully guaranteed by the Romanian state through the Ministry of Finance.
