The offer was intermediated by a syndicate formed by BT Capital Partners (Lead Manager), Banca Comerciala Romana, BRD – Groupe Societe Generale, TradeVille and UniCredit Bank (Intermediaries) and Banca Transilvania, Libra Internet Bank (Distribution Group).
Within the offer, Romanians placed almost 19,500 subscription orders, for both RON denominated and EUR denominated government bonds.
The income obtained through the investment in FIDELIS government bonds, both from interest and from capital gains, is non subject to taxation.
Resident and non-resident individuals over the age of 18 up to the closing of the offer were able to invest in the issuance of Fidelis government bonds.
Useful information about FIDELIS government bonds – questions and answers
Where can I find the bonds that I bought in the offer?
If the bonds were subscribed through a bank or brokerage company, without signing a financial investment services contract, the government bonds are registered in the records of the Central Securities Depository on behalf of the holder. If the government bonds have been purchased based on a financial investment services contract, through a bank or brokerage company authorized to trade on the Bucharest Stock Exchange, the government bonds are in the holder’s trading account.
What do I do with government bonds?
They can be kept until maturity, or the holders can sell them or buy others in any trading session at BVB, through one of the intermediaries authorized (bank or brokerage company) to trade at BVB.
If the holders want to keep government bonds, they have two options:
– They will receive the interest annually, and at maturity the principal will be returned to a bank account sent to the Central Securities Depository, if the subscription was made through a bank or brokerage company, without signing a financial investment services contract.
– They can open a trading account at a bank or brokerage company, by signing a financial investment services contract and can transfer the government bonds from the Central Securities Depository to this trading account. In this case, the holders will have the government bonds in the investment account in which they will receive the annual coupon, and when the bonds will mature, the principal will be returned to them.
How can I sell or buy government bonds after the offer is closed?
The trades on the Bucharest Stock Exchange take place between buyers and sellers through the trading platform. In order to be able to buy or sell, investors must have a trading account with a bank or brokerage firm. The list of intermediaries authorized to trade on BVB is available HERE.
Where can I see the current price of the bonds?
The price can be checked at any time on the Bucharest Stock Exchange website, www.bvb.ro, by entering the symbols below in the [Search] box on the main page:
R2709B – for the blood donors, 2yrs maturity government bonds denominated in RON
R2709BE – for the blood donors, 2yrs maturity government bonds denominated in EUR
R2709A – for the 2yrs maturity government bonds denominated in RON
R2909A – for the 4yrs maturity government bonds denominated in RON
R3109A – for the 6yrs maturity government bonds denominated in RON
R2709AE – for the 2yrs maturity government bonds denominated in EUR
R3009AE – for 5yrs maturity government bonds denominated in EUR
R3509AE – for 10yrs maturity government bonds denominated in EUR.