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    HomeBusiness & InvestmentsEconomicsThe Ministry of Finance raised over 1.9 billion RON through the Fidelis...

    The Ministry of Finance raised over 1.9 billion RON through the Fidelis government bond issue in April, the highest value this year

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    The Ministry of Finance (MF) attracted, in April, RON 874.5 million and EUR 207 million (values totaling over RON 1.9bn – EUR 378.7mn), through the fourth offer for selling  government bonds dedicated to the retail investors (FIDELIS) held this year through Bucharest Stock Exchange’s (BVB) systems.

    The offer was carried out, between April 14 and 21, and it was intermediated by the syndicate formed by BT Capital Partners (Lead Manager), Banca Comerciala Romana, BRD – Groupe Societe Generale, TradeVille and UniCredit Bank (Intermediaries) and Banca Transilvania, Libra Internet Bank (Distribution Group).

    During this offer, Romanians placed almost 22,000 subscription orders, for both RON denominated and EUR denominated government bonds.

    The income obtained through the investment in FIDELIS government bonds, both from interest and from capital gains, is non-taxable.

    Resident and non-resident individuals over the age of 18 up to the closing of the offer were able to invest in the issuance of Fidelis government bonds.

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