Ministry of Finance: Romanians can buy in December Tezaur government bonds at interest rates up to 5.1%

Redacția dec. 3, 2021 0 comentarii
bani, finante, lei, financiar, deficit

The Ministry of Finance is launching three new issues of government securities under the Treasury Bond Program, with maturities of 1, 3, and 5 years and interest rates of 4.25%, 4.75%, and 5.10%, starting on Monday 6 December 2021. The government bonds have a nominal value of 1 leu and are in dematerialized form.

Government bonds can be purchased:

Between 06 – 20 December 2021 from State Treasury units;
Between 06 – 17 December 2021 for urban areas and 06 – 16 December 2021 for rural areas, through the Romanian National Post Company.
The interest is annual, payable at the terms set out in the issue prospectus. Also, government securities issued under the Treasury Program are transferable and can be redeemed in advance. An investor may make one or more subscriptions within an issue. Investors may cancel subscriptions already made only during the subscription period by submitting a request.

Individuals who have reached the age of 18 at the time of subscription are eligible. Income from investing in the savings offer launched by the Ministry of Finance is not taxable.

The funds obtained by the Ministry of Finance as an issuer as a result of the issue of government securities will be used to finance the budget deficit and refinance the public debt.

Sursa foto: Inquam Photos/Octav Ganea

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