The offering was managed by a syndicate led by BT Capital Partners (Lead Manager), with Banca Comerciala Romana, BRD – Groupe Societe Generale, TradeVille, and UniCredit Bank as intermediaries, and Banca Transilvania and Libra Internet Bank forming the distribution group.
During the offering, nearly 14,000 subscription orders were placed by Romanian investors for both RON-denominated and EUR-denominated government bonds.
Income from investing in FIDELIS government bonds, including both interest and capital gains, is not subject to tax.
Eligibility: Resident and non-resident individuals over the age of 18 up to the closing of the offer were able to invest in Fidelis government bonds.
Useful Information – FAQs about FIDELIS Bonds
Where are my purchased bonds recorded?
If subscribed through a bank or brokerage without signing a financial investment services contract, the bonds are registered with the Central Securities Depository in the holder’s name.
If purchased via a financial investment services contract through an authorized bank or brokerage trading on BVB, the bonds are recorded in the holder’s trading account.
What can I do with the bonds?
Hold until maturity, or sell/buy others via the BVB trading platform through an authorized intermediary.
If holding until maturity:
Investors receive annual interest, and the principal is returned to a bank account linked to the Central Securities Depository (if no financial services contract was signed).
Alternatively, investors can open a trading account with a bank or brokerage, transfer bonds from the Central Securities Depository, and receive annual coupons in the investment account. Principal is returned upon maturity.
How to trade bonds after the offering?
Buying and selling occurs on the BVB trading platform between buyers and sellers.
Investors must have a trading account with an authorized bank or brokerage.