The issue has one-year maturity and carries an annual interest rate of 8.25%.
The bonds are dematerialized and have a nominal value of RON1/bond. 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.
In July 2022, Romanians invested RON1.49 billion in Tezaur bonds.