Romania launches seventh FIDELIS savings programme with yields up to seven point five five percent

Romania on Tuesday opened the seventh edition of its FIDELIS state savings programme, offering non-taxable yields of up to 7.55 % on leu-denominated bonds and 6.20 % on euro-denominated paper, as the Ministry of Finance confirmed the seven-day subscription window from 3 to 10 July 2026 . Retail investors aged 18 or over may subscribe through six partner banks—BT Capital Partners, Salt Bank, Banca Transilvania, Banca Comercială Română, BRD–Groupe Société Générale, UniCredit Bank and TradeVille—with settlement scheduled for 14 July.
The programme, now in its seventh year, is the government’s flagship retail borrowing instrument and arrives as other European states adjust savings incentives. Germany, for example, has rebranded its Bürgergeld welfare benefit as a “basic security” from today, while introducing stricter sanctions and phasing out a temporary fuel-discount scheme . Switzerland, meanwhile, has tightened grid-connection rules that could delay home electrification projects such as heat-pump installations or electric-vehicle chargers .
Cyprus, too, has moved decisively toward cashless rent payments, banning cash settlements for all rental contracts from today and mandating electronic transfers regardless of the rent amount or property use . The measure is part of a broader anti-money-laundering drive.
In financial markets, Romanian savers face a clear contrast: FIDELIS VII delivers headline yields above 7 %, while benchmark high-yield savings accounts in the United States currently top out at about 5 % . The Romanian government’s paper is also exempt from income tax, enhancing the after-tax return.
Subscriptions open on Thursday, 3 July, and close a week later on Thursday, 10 July, with settlement on Monday, 14 July. Investors can place orders through any of the six partner banks during regular business hours.
Follow us for live European news
- 3
- 2
- 2
- 2
- 1
- 1
- 1
- 1
- 1
- 1
- 1
3 further sources not geolocated





