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Ministry of Finance to launch new edition of Fidelis program on February 6, interest rates between 6% and 7.25%

February 11, 2026

 The Ministry of Finance will roll out a new edition of the retail government bond programme Fidelis starting 6 February, with interest rates ranging from 6% for euro-denominated issues to 7.25% for leu-denominated issues.According to a press release from the ministry, Fidelis II will run from 6 to 13 February.Resident and non-resident individuals aged over 18 may subscribe through partner banks BT Capital Partners & Banca Transilvania, Banca Comerciala Romana, BRD - Groupe Societe Generale, UniCredit Bank, and TradeVille in partnership with Libra Bank. The bonds are listed on the Bucharest Stock Exchange.For leu-denominated issues, interest rates are 6.15% for two-year maturities, or 7.15% for blood donors; 6.75% for four-year maturities; and 7.25% for six-year maturities.For euro-denominated issues, interest rates are 3.60% for three-year maturities, 4.50% for five-year maturities, and 6% for ten-year maturities."A special tranche of Fidelis government bonds, issued in lei (RON) with a two-year maturity, dedicated to all those who can prove blood donation starting from 1 August 2025, will offer an interest rate of 7.15%. Donor-investors benefit from a reduced minimum subscription threshold, lowered from RON 5,000 to RON 500, up to a maximum ceiling of RON 100,000," the Ministry of Finance specified.Investors in government bonds have the option to sell the securities before maturity, receiving interest corresponding to the holding period, depending on the price obtained on the stock exchange. Income earned from holding these bonds is tax-exempt.The nominal value of a Fidelis government bond is RON 100 for leu-denominated issues and EUR 100 for euro-denominated issues, while the minimum subscription threshold is RON 5,000 or EUR 1,000, respectively.   

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