Romanians may buy household bonds starting Monday, June 3, with one, two, three and five year maturities and annual interests of 3.5%, 4%, 4.5% and 5%, respectively.
The bonds will be available for subscription between June 3 and June 28.
The bonds are dematerialized and their nominal value is of RON1. They are transferable and redeemable in advance. Income from household bonds is exempt from taxes.
Finance minister Eugen Teodorovici said over 33,000 citizens have invested over RON1.7 billion in household bonds in January-May.