The government bonds via the Tezaur program carry annual interests of 7.20%, 7.50% and 8% for the one, two and three-year maturity, respectively.
The government bonds have a nominal value of RON1/bond and are dematerialized.
The bonds can be bought as follows:
• Between Jan 3 – 23, 2023 online only by private individuals enrolled in the Virtual Private Space.
• Between Jan 3 – 24, 2023 at the State Treasury units;
• Between Jan 3 – 23, 2023 in urban areas and Jan 3 – 22, 2023 in rural areas, through the postal subunits of the state-owned postal operator Posta Romana S.A.
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.