Romania’s Finance Ministry launched on Thursday, September 1, a number of new state bond points for the inhabitants by means of its Tezaur and Fidelis applications.
The Tezaur bonds in lei pay a yearly coupon of seven.75% for the one-year maturity and seven.9% for the two-year maturity.
The brand new Fidelis bonds are available in three points: one in lei, with a maturity of three years and a yearly coupon of 8%, and two in euro with maturities of 1 and a pair of years and yearly coupons of 1.85%, respectively 2.65%, Ziarul Financiar reported.
The Tezaur bonds promote by means of the Treasury and Romanian Put up places of work, whereas the Fidelis bonds promote by means of banks and brokerage corporations and are listed on the Bucharest Inventory Trade. The distinction is that the holders of Tezaur bonds haven’t any choice however to maintain them till maturity, whereas those that purchase Fidelis bonds can later promote them by means of the BVB.
Buyers who need to purchase Fidelis bonds should make investments a minimal of RON 5,000 or EUR 1,000. There is no such restrict for Tezaur bonds.
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