The government bonds via the Tezaur program carry annual interests of 6.70%, 7.30% and 7.70% for the one, two and three-year maturity, respectively. The bonds have a nominal value of RON1/bond and are dematerialized.
The bonds can be bought as follows:
• Between April 12 – May 11, 2023 online only by private individuals enrolled in the Virtual Private Space and at the State Treasury units;
• Between April 12 – May 11, 2023 in urban areas and between April 12 – May 10, 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.