A new offering for Fidelis government bonds with interest rates up to 7 percent for RON and 5 percent for EUR will take place at the Bucharest Stock Exchange between 8 and 20 August

• This new Fidelis IPO includes five issues, in EUR and RON, out of which one is dedicated to blood donors.
• The bonds dedicated to blood donors are denominated in RON, have a maturity of 1 year and an interest rate of 6.8% p.a.
• The offer is carried out between August 8 and 20. The first trading day is estimated to be August 26, 2024.

The Ministry of Finance (MF) will carry out between August 8 and 20 a new public offering for Fidelis government bonds dedicated to the population. It is the fourth offer carried out on the Bucharest Stock Exchange (BVB) since the beginning of this year and the 18^th since the resumption of the FIDELIS program in July 2020. Through the previous 17 offers, the Ministry of Finance attracted from the population RON 31.6bn (EUR 6.4bn).

This new IPO includes five issues, in RON and EUR, out of which one is dedicated to blood donors. The bonds dedicated to blood donors are denominated in RON, have a maturity of 1 year and an interest rate of 6.8% p.a.. On the donors' tranche, orders can only be placed by investors who have donated blood anytime between March 1 and August 20, 2024. The Ministry of Finance will issue, also, two other issues in RON, with maturities of 1 year and 5 years and interest rates of 5,8% p.a. and 7% p.a., and two in EUR, with maturities of 1 year and 5 years, and interest rates of 4% p.a. and 5% p.a..

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, through the intermediary consortium or intermediaries authorized by Financial Supervisory Authority who have signed an undertaking to comply with the conditions of the offer and the provisions of the prospectus and have sent the undertaking to the Lead Manager. The consortium is composed by Alpha Bank Romania, BT Capital Partners & Banca Transilvania, Banca Comerciala Romana, BRD - Groupe Societe Generale.

The details are available in the table below:

The first trading day is estimated to be August 26, 2024. The income from investments in FIDELIS government bonds, both from interest and from capital gains, is non-taxable. More details can be found on BVB website.