Romanians subscribe record volume of Govt. bonds in new Fidelis issue
<p>Romanian households placed a record RON 3.2 billion (EUR 640 mln) to buy Government bonds denominated in local currency and euros during the latest issue under the Fidelis scheme, announced <a href="https://www.profit.ro/povesti-cu-profit/financiar/vanzari-record-pentru-noile-titluri-de-stat-fidelis-21708816?mc_cid=54b109f593&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Profit.ro</a>.</p>

<p>The money was roughly equally split between local currency (RON 1.7 bln) and euros (EUR 311 mln or RON 1.55 bln).&nbsp;</p>

<p>The record value of RON 3.2 bln surpasses the performance recorded in April 2024, when the total amounted to RON 3.19 bln.&nbsp;</p>

<p>The fourth issue of the Fidelis scheme contained government bonds denominated in local currency, with maturities of 1 year and 5 years and annual coupons of 5.80% and 7%, respectively, and government bonds denominated in euros, with 1-year and 5-year maturities and annual coupons of 4% and 5%, respectively.&nbsp;</p>

<p>In addition, there was also a special tranche, as part of the contribution of the Ministry of Finance to the blood donation campaign. In its case, the government securities have a maturity of one year and a coupon of 6.8%.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Alexandru Marinescu/Dreamstime.com</a>)</em></p>