Romania FIDELIS retail bond program offers up to 7.75% in October

Romania's FIDELIS program returns in October with non-taxable annual interest rates up to 7.75% for lei-denominated and 6.60% for euro-denominated retail bonds. The offer is open to residents and non-residents, with special tranches for blood donors. This reflects Romania's continued reliance on retail savings to fund its deficit, with rates slightly lower than previous editions, indicating easing local funding costs.