Starting on August 12, Romanians can buy Tezaur retail government bonds with maturities of 1 and 3 years and paying annual interest rates of 5.8 pct and 6.6 pct, respectively, the Finance Ministry announced on Friday.The government bonds can be purchased online between August 12 and September 5, only by individuals who are registered in the private virtual space for securities issued through the State Treasury outlets. Between August 12 and September 6, the government bonds can be purchased from the State Treasury outlets, and from post offices between August 12 - September 5 in urban areas, and between August 12 - September 4 in rural areas.The interest is annual, payable at the due dates provided for in the issue prospectus. Also, the government bonds issued under the Tezaur Program are transferable and can be redeemed in advance. An investor can make one or several subscriptions within an issue. Investors have the possibility to cancel subscriptions already made only during the subscription period, by submitting an application, the release states.According to the cited source, natural persons who have turned 18 by the date of subscription are eligible."Incomes obtained from investing in government securities issued by the Finance Ministry are non-taxable", the Ministry said.The Finance Ministry will use the funds raised through this issue to finance the budget deficit and refinance the public debt.The fourth edition of the 2024 Fidelis government securities program is running during the same period, being promoted on Rock FM's Morning Glory show; blood donors receive an extra percentage point on interest."The tranche dedicated to blood donors applies to government securities denominated in RON, with a one-year maturity and an interest rate of 6.80 pct p.a. Another facility for blood-donating investors is the tenfold reduction of the minimum subscription threshold from RON 5,000 to RON 500. The subscription period is August 8 - 20, 2024," the release states.
Every year, on the third Thursday of November, France celebrates the arrival of the Beaujolais Nouveau — the first wine of the harvest, young, fresh, and full of life. This joyful tradition has become a global symbol of conviviality, elegance, and the French art de vivre. In Bucharest, the celebration continues this year with an […]
The Romanian Football Federation (FRF) announced Bucharest’s candidacy to host the Europa League final in 2028 or 2029 at the National Arena, according to the FRF official website. The Europa League final represents a high-profile sporting event on a European scale. Istanbul will host the Europa League final in 2026, followed by Frankfurt in 2027. […]
Three cats from Romania received the top distinctions during the 2025 World Cat Championship held in Bucharest. Wild Forest’s Nordri, an imposing white Norwegian Forest Cat born in Romania, conquered the supreme title of 2025 World Champion, defeating over 750 cats from 35 countries. Nordri’s son, Wild Forest’s Quasar, aged 7 months, was also named […]
A report by the Romanian Court of Accounts, conducted between April and November 2024, which analyzed the organization and functioning of communes and small towns in relation to the population served, shows that, depending on the number of inhabitants, many towns and communes no longer meet the criteria for inclusion in their respective categories. According […]
An association of construction companies from Romania and Bulgaria has won the contract for building the first section of the A8 Târgu Neamț – Iași – Ungheni highway, with a bid of 4.76 billion (EUR 936 million). The contract for the 27-kilometer road can be signed within ten days if no appeals are filed. “The […]
The organizer of the march commemorating 10 years since the Colectiv club fire tragedy, Marian Rădună, was fined RON 3,000 (EUR 600) by the gendarmes because the demonstration exceeded 11:00 PM, the time set in the authorization. Approximately 200 people participated on Thursday, October 30, in the march commemorating 10 years since the tragedy at […]
