The first Fidelis government bonds in 2024 debuted on the Bucharest Stock Exchange

The Ministry of Finance (MF) attracted 843.9 million RON and 190.5 million Euro (values totalling 360.3 million Euro), through the first primary offer for the sale of government bonds for the retail investors (FIDELIS) held this year through Bucharest Stock Exchange’s (BVB) systems.

‘There are several positive aspects that I noted at the end of each of the last Fidelis editions. First, it is obvious that the awareness degree of the advantages of investing their savings has increased among Romanians. On the other hand, I am glad that investors’ confidence in our ability to offer advantageous instruments is maintained, but also that we manage to play a prominent role in the development of the local capital market. Perhaps most importantly, the spirit of solidarity of the donor-investor community has established itself. Even though we reduced the subscription period by a week, they still exceeded the number of all editions: 1,405 persons donated blood and saved more than 4,200 lives, and heaving the best offer of the issuance’, stated Marcel Bolos, Ministry of Finance.

‘The State is an important partner of the capital market, both through the support it offers, through its institutions, in the steps we undertake to accelerate the development of the market, and through this consistency in carrying out Fidelis government sales offers by The Ministry of Finance. These government bonds have on the one hand, a component of diversification of funding sources by the Treasury, and, on the other hand, they are a financial education tool for many Romanians who, by investing in Fidelis, take a first step in the world of investment. These aspects weighed heavily in our decision to award the Ministry of Finance for this consistency in the Fidelis government bond issue’, said Radu Hanga, Bucharest Stock Exchange President.

‘We congratulate the Ministry of Finance, the brokerage syndicate, and their media partner RockFM for the success of a new issue of Fidelis government bonds and for this symbiosis of the tranche dedicated to donors, between the social and the investment component. The offer of financial instruments available for investment on the Bucharest Stock Exchange increases with each new listing, of equity or bonds, and in recent years it has diversified a lot, through the more than 190 listings, including the municipal bonds that start to be issued by local authorities. The range of financial instruments will expand even more with the operationalization of CCP.RO Bucharest and the relaunch of the derivatives market, for which the Financial Supervisory Authority approved the authorization request’, said Adrian Tanase, Bucharest Stock Exchange CEO.

The primary offer for sale of Fidelis government bonds was carried out by the syndicate formed by BT Capital Partners (Lead Manager and Intermediary) and Banca Transilvania (Distribution Group), as well as Alpha Bank Romania, Banca Comerciala Romana, BRD – Groupe Societe Generale (Intermediaries). The government bonds could also be purchased through 11 eligible participants.