The Ministry of Finance launches on September 2nd a new IPO for Fidelis government bonds on the Bucharest Stock Exchange

• The 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 6.85% p.a..
• The offer is carried out between October 2^nd and 11^th. The first trading day is estimated to be October 17^th, 2024.

The Ministry of Finance (MF) carries out between October 2^nd and 11^th a new public offering for Fidelis government bonds dedicated to the retail investors. It is the fifth offering carried out on the Bucharest Stock Exchange (BVB) since the beginning of this year and the 19^th since the resumption of the Fidelis program in July 2020. Through the previous 18 offerings, the Ministry of Finance attracted from the retail investors almost RON 34.9 bn (over EUR 7bn).

This new IPO consists of five issues, in RON and EUR, out of which one is dedicated to the blood donors. The bonds dedicated to the blood donors are denominated in RON, have a maturity of 1 year and an interest rate of 6.85% p.a.. On the donors' tranche, orders can only be placed by investors who have donated blood between May 1^st 2024 and October 11^th, 2024. The Ministry of Finance will issue, as well, two other issues in RON, with maturities of 1 year and 5 years and interest rates of 5.85% p.a. and 7% p.a., and two in EUR, with maturities of 1 year and 5 years, and interest rates of 3.95% 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 the 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 offering and the provisions of the prospectus and have sent the undertaking to the Lead Manager. The consortium consists of Alpha Bank Romania, BT Capital Partners & Banca Transilvania, Banca Comerciala Romana and BRD - Groupe Societe Generale.

The details are available in the table below:

The first trading day is estimated to be October 17^th, 2024. The income obtained through the investment in Fidelis government bonds, both from interest and from capital gains, is non-taxable. More details can be found on BVB website.