Ministry of Finance: Record investments in gov't bonds in Q1

   Romanians have invested 17.4 billion lei in government bonds this year, three times more than in the same period last year, and 80% of this amount represents new investments, the minister of Finance, Tanczos Barna, informs on Tuesday."17.4 billion lei is the amount invested this year in government bonds - three times more than in the same period last year. These investments mean that the interest paid by the state to finance the budget deficit ends up in the pockets of Romanians. 80% of this amount represents new investments, a sign that more and more people are choosing government bonds. In addition, we have the prospect of attracting even larger amounts reinvested in the coming months from the repayments of issues from previous years. We have just concluded a new edition of the Fidelis programme, which, in the three editions carried out this year, registered 85,000 subscriptions and almost 8 billion lei invested. We continue with monthly subscriptions, and I recommend this safe investment to everyone, with an advantageous and non-taxable interest rate," stated the deputy PM, minister finance, Tanczos Barna, quoted in a press release from the institution.Fidelis III 2025, held between April 4 and 11, recorded a subscription value of over 1.34 billion lei, through 16,408 orders. 2,592 Romanians joined the campaign "Romania has the blood of a rocker, now also of an investor," carried out by the Ministry of Finance in partnership with "Morning Glory with Razvan Exarhu" and Rock FM. They invested over 99.63 million lei, benefiting from an interest rate of 7.60%, 1% higher than that offered for classic issues with a maturity of 1 year.The most accessed issues of this edition were the issue in lei, with a maturity of 1 year and an interest rate of 6.60%, with a total of over 480 million lei, invested through 5794 orders, and the issue in euro, with a maturity of 7 years and an interest rate of 6%, with a total invested amount of over 58 million euros, the equivalent of over 290 million lei, placed through 2726 orders.The issue in euro, with a maturity of 2 years and an interest rate of 3.30%, attracted over 42 million euros, the equivalent of almost 214 million lei, through 1803 orders. Regarding the issue in lei, with a maturity of 3 years and an interest rate of 7.30%, investors placed over 149 million lei, through 1935 orders, and the issue in lei with a maturity of 5 years and an interest rate of 7.60% accumulated over 108 million lei, through 1558 orders.The nominal value of a Fidelis government bond is 100 lei for the issue in lei and 100 euros for the issue in euros, and the minimum subscription threshold is 5,000 lei and 1,000 euros, respectively.Those who invest in Fidelis government securities enjoy facilities such as the possibility of selling the securities before maturity, receiving interest related to the holding period, non-taxation of accumulated gains from interest and profits and flexibility in portfolio management and diversification, the Ministry of Finance claims.