Romania launches June 2026 Fidelis state bond offering with blood‑donor incentives

The Romanian Ministry of Finance announced a new Fidelis state bond issuance scheduled for 15‑22 June 2026. The sixth offering of the program will comprise eight emissions – four denominated in euros and four in lei. Two of the series, one in each currency, are reserved for investors who donated blood between 1 January and 22 June 2026.

The bond programme, relaunched in July 2020, has so far attracted roughly 68.7 billion lei (about €13.8 billion) from the public across 36 previous offers. The current issue can be subscribed through the designated intermediation syndicate, led by BT Capital Partners and involving Banca Comercială Română, BRD‑Groupe Societe Generale, TradeVille, UniCredit Bank, Banca Transilvania, Salt Bank and Libra Internet Bank. Interest and capital gains from the bonds are tax‑exempt, and the bonds are expected to begin trading on 26 June 2026.