The T-bills have one and three-year maturities and carry annual interest rates of 6%, and 6.75% respectively.
The T-bills have a nominal value of RON1 and are dematerialized.
In the February 12-March 7 period, the T-bills can be bought online only by individuals registered with the Virtual Private Space. At the same time, between February 12 and March 8, the T-bills can be bought from the State Treasury units.
In parallel, the T-bills can be acquired via the postal subunits of the state-owned postal operator Posta Romania between February 12-March 7 in urban areas and February 12-March 6 in rural ones.
The interest rate is annual, payable within the deadlines stipulated in the issuance prospectus.
Income and gains from general population bonds are tax-free.
The funds obtained by the finance ministry, as issuer, will be used to finance the budget deficit and refinance the public debt.
(English version by Catalina Apostoiu)