FIDELIS May 2026: Interest Rates up to 7.50% in Lei and 6.25% in Euro
The FIDELIS program returns from May 8-15, 2026, with tax-free interest rates of up to 7.50% in lei and 6.25% in euros. Government bonds remain an attractive option for investors seeking fixed returns, safety, and flexibility, both in lei and euros.
During the period May 8-15, 2026, the Ministry of Finance is launching a new edition of the FIDELIS government bond program, with tax-free interest rates of up to 7.50% in lei and 6.25% in euro. The bonds can be subscribed by both resident and non-resident individuals and are listed on the Bucharest Stock Exchange, offering investors the possibility to sell them before maturity.
The income obtained from FIDELIS government bonds is tax-free, and this advantage continues to make the program attractive for those seeking safe saving alternatives, with fixed yields and access to both lei and euro issues.
Who can invest?
The FIDELIS program is aimed at resident and non-resident individuals who have reached the age of 18. Subscriptions can be made through partner banks BT Capital Partners, Salt Bank & Banca Transilvania, Banca Comercială Română, BRD – Groupe Société Générale, UniCredit Bank and TradeVille in partnership with Libra Bank.
Interest rates offered in May 2026
The interest rate structure for the FIDELIS edition of May 2026 is as follows:
Currency: lei
Maturity
Annual interest
2 years
6.40%
2 years (blood donors)
7.40%
4 years
7.00%
6 years
7.50%
Currency: euro
Maturity
Annual interest
3 years
4.00%
5 years
5.00%
10 years
6.25%
Minimum investment
Lei (standard tranches): 5,000 lei
Lei (blood donor tranche): 500 lei
Euro: 1,000 euro
The nominal value of a FIDELIS government bond is 100 lei for lei issues and 100 euro for euro issues.
Benefits for blood donors
In the FIDELIS edition of May 2026, blood donors benefit from a special tranche in lei, with a 2-year maturity and an annual interest rate of 7.40%.
Reduced minimum subscription threshold to 500 lei;
Maximum subscription cap of 100,000 lei;
Documents certifying blood donation starting from December 1, 2025 are eligible.
Benefits of FIDELIS government bonds
Tax-free interest for individuals;
Listing on the Bucharest Stock Exchange, with the possibility of selling before maturity;
Possibility to invest in lei and euro, depending on the investor's preferences;
Flexibility in managing and diversifying the portfolio;
Safety, as the bonds are guaranteed by the Romanian state.
What has changed compared to the April edition?
Compared to the FIDELIS edition of April 2026, the interest rates in May are slightly lower across all announced maturities:
Decrease of 0.20 percentage points for the standard lei tranche over 2 years (from 6.60% to 6.40%);
Decrease of 0.20 percentage points for the donor lei tranche over 2 years (from 7.60% to 7.40%);
Decrease of 0.10 percentage points for the 4-year lei maturity (from 7.10% to 7.00%);
Decrease of 0.10 percentage points for the 6-year lei maturity (from 7.60% to 7.50%);
Decrease of 0.25 percentage points for the 3-year euro issue (from 4.25% to 4.00%);
Decrease of 0.25 percentage points for the 5-year euro issue (from 5.25% to 5.00%);
Decrease of 0.15 percentage points for the 10-year euro issue (from 6.40% to 6.25%).
After the visible increases in April, the May edition indicates a slight downward adjustment of yields, without changing the attractive profile of the program for investors interested in fixed income and low-risk instruments.
Conclusion - FIDELIS May 2026
The FIDELIS edition of May 2026 brings slightly lower interest rates than the previous month but retains the important advantages of the program: tax-free income, safety, flexibility, and accessibility. With yields of up to 7.50% in lei and 6.25% in euro, government bonds remain a solid option for investors seeking conservative medium- and long-term placements.
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