The Ministry of Finance is carrying out a new public offer for the sale of Fidelis government bonds for individual investors on Bucharest Stock Exchange (BVB) , between September 13th and October 1, while launching on BVB the fifth issue since July 2020. Through the first four offers, the Ministry of Finance attracted from the retail investors more than RON 7bn (over EUR 1.4bn). ‘The Ministry of Finance continues issuing government bonds addressed to the population through the FIDELIS Program. Investors should be aware that this savings instrument offers advantageous interest rates and is an attractive way of saving both in lei and in euros, for which no fees are charged in the underwriting process, and capital gains and interest income are non-taxable. By continuing to issue government securities under this program, the Ministry of Finance reaffirms its commitment to provide individuals with attractive savings options, while diversifying the state funding sources‘, said Dan Vilceanu, Ministry of Finance. Resident and non-resident individuals over the age of 18 years can subscribe Fidelis government bonds denominated in RON and EUR within the public sale offer carried out on Bucharest Stock Exchange, between September 13th and October 1st, 2021, through BT Capital Partners & Banca Transilvania, BCR and BRD- Groupe Societe Generale. `We are glad that the Ministry of Finance continues the FIDELIS government bond issuance program, keeping the quarterly cadence of these offers, which has already become a tradition. Looking at everything that has happened on the capital market since the beginning of the pandemic, at the numerous financing rounds carried out by both the state and entrepreneurial companies, which accumulate over 2.3 billion euros, we can say with firm belief that the stock market has proven again that it is able to support the development of the economy and absorb offers of considerable sizes`, said Radu Hanga, Bucharest Stock Exchange President. `Bearing in mind the success of the previous four offers, carried out in different market conditions, the outbreak of the pandemic, the flattening of the first waves, the appearance of other waves, IPOs carried out at the same time for shares and government securities, reveals that the Ministry of Finance and the brokerage syndicate found the best suited formula so that this tradition of FIDELIS government bond issues continues and, as well, to provide investors with a range as diverse as possible of instruments for their investments and, at the same time, to attract new investors to the market. This range of instruments will expand further, once the CCP is operational, which is estimated to be in the second half of next year`, said Adrian Tanase, Bucharest Stock Exchange CEO.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
