The T-bills have a nominal value of RON1 and are dematerialized. The interes tis annual, payable within the deadlines stipulated in the issuance prospectus.
Income and gains from the general population bonds are tax-free.
Romanians can buy the bills via Ghiseul.ro platform, online only by private individuals enrolled in the Virtual Private Space for T-bills launched through the State Treasury units; at the State Treasury units and from the postal subunits of the state-owned postal operator Posta Romana.
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)