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Romania lists 1.44 bln lei (291 mln euro) worth of govt bonds on Bucharest bourse

Romania lists 1.44 bln lei (291 mln euro) worth of govt bonds on Bucharest bourse Source: Finance ministry

BUCHAREST (Romania), June 27 (SeeNews) - Four new issues of FIDELIS Romanian government bonds totalling over 1.44 billion lei ($307 million/ 291 million euro) were listed on the Bucharest Stock Exchange, BVB, the bourse said on Monday.

The four issues are traded under the stock symbols R2306A, R2506A, R2306AE, R2406AE, the BVB said in a press release.

The listing follows a public offer held during June 6-21 for lei-denominated government securities with maturities of one year (annual interest 7.2%), respectively three years (7.8%) and two euro-denominated issues maturing in 2023 (annual interest 1.4%) and 2024 (2.3%).

"The appetite of individuals, especially in the general macroeconomic and geopolitical context, ensures both the constancy of the emissions calendar and the attraction of important resources on the domestic market for financing the Romanian state," finance minister Adrian Caciu said.

The income obtained through the investment in FIDELIS government bonds, both from interest and from capital gains, is non-taxable.

In total, in the last two years, the finance ministry has attracted over 12.4 billion lei from retail investors.

(1 euro=4.9471 lei)

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