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.
The Solis Team, made up of 23 students and two faculty members of the Technical University of Cluj-Napoca, together with a representative of the Romanian Auto Registry, is currently representing Romania at the most prestigious competition in the world dedicated to vehicles powered exclusively by solar energy, the Bridgestone World Solar Challenge 2025. The competition […]
The most recent study conducted by Raiffeisen Bank in partnership with Appinio shows that 6 out of 10 Romanian employees are worried about job stability until retirement, with concern being higher among women and people over 40 years old. The labor market in Romania remains one where age can be both an advantage and an […]
Bucharest will host the second edition of AccessABILITY Expo next month, a three-day event dedicated to advancing inclusion for people with disabilities, the Romanian Diversity Chamber of Commerce (RDCC) announced. Organizers said the initiative aims to tackle Romania’s persistent gaps in employment and social participation for people with disabilities. The fair, running from September 18 […]
A Memorandum of Understanding on Capital Market Development was signed between the Ministries of Finance of Bulgaria, Croatia, Poland, Romania, Slovenia, the Slovak Republic, the Republic of North Macedonia, and the Ministry of National Economy of Hungary, according to Radio Romania. The memorandum regulates institutional cooperation for the development...
About 50,000 new mortgage loans were granted at a national level in the first six months of 2025, the highest level registered in the first semester in the last five years, according to a market analysis published by online broker Ipotecare.ro and mortgage lending company SVN Romania. The total value of the new granted mortgage […]
Music Gallery, the only exhibition in Romania devoted entirely to music, will embark on a national tour this fall, bringing an interactive “pop-up” experience to six cities across the country. The first stop will be Mega Mall in Bucharest, where the exhibition will run from September 4 to 14. Founded in Cluj-Napoca, Music Gallery blends […]
