Romania launches Fidelis bonds with tax-free returns up to 7.6%
Romania's Ministry of Finance has announced the April 2026 edition of Fidelis government bonds, offering tax-free interest rates of up to 7.6% for RON-denominated issues.
Romania's Ministry of Finance has announced the April 2026 edition of Fidelis government bonds, offering tax-free interest rates of up to 7.6% for RON-denominated issues.
Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.
Romania's Ministry of Finance has drafted legislation to extend state aid for road transport operators, providing compensation for diesel price increases until the end of 2026.
Romania's Ministry of Finance has raised approximately €4.7 billion from international financial markets through the country's first external bond issuance of 2026.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.
Romania's Ministry of Finance approved state aid worth €1.85 billion by the end of 2025, supporting total investments of over €4.2 billion and contributing to the creation of more than 36,000 jobs.
Romania's Ministry of Finance has listed government bonds worth over €200 million from its second Fidelis issuance of 2026 on the Bucharest Stock Exchange (BVB).
Romania's Ministry of Finance has announced the adoption of a Formal Opinion by the Organisation for Economic Co-operation and Development (OECD) Committee on Fiscal Affairs, following the country's evaluation as part of its accession process to the OECD.
Romania's Ministry of Finance has published a legislative package aimed at establishing mechanisms to support strategic investments and accelerate the country's economic recovery.
Romania's foreign exchange reserves reached €65.81 billion on 31 January 2026, according to data released by the National Bank of Romania (BNR).
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.
Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.
Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.
Romania's Ministry of Finance will conduct its first public offering of Fidelis government bonds for 2026 between January 16 and 23 on the Bucharest Stock Exchange. This marks the 32nd offering since the Fidelis program resumed in July 2020.
Romania's Ministry of Finance has allocated over RON 3.8 billion (€760 million) to support public investments and clear arrears in key sectors including development, transport and agriculture.
Romania's consolidated general budget recorded a deficit of RON 121.77 billion (€23.90 billion), equivalent to 6.40% of GDP, in the first eleven months of 2025, down 0.74 percentage points from 7.15% in the same period of 2024.
Romania's tenth Fidelis government bond issuance of 2025 attracted subscriptions worth over RON 1.3 billion lei (€260 million) during its seven-day offering period from November 7-14, demonstrating continued strong investor interest in this savings instrument.
The Ministry of Finance (MF) has borrowed RON 833 million (around €167.3 million) from banks through two state bond issues, according to BNR data.
Romania has secured the European Commission's agreement to replace the National Recovery and Resilience Plan (PNRR) milestone concerning the reduction of the VAT gap.
The latest series of Fidelis government bonds, issued by the Ministry of Finance, have been listed on the Bucharest Stock Exchange (BVB).

The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.