Tezaur program:Retail government securities with interest rates between 3.5 and 4.5 pct as of Monday
Publicat:The Finance Ministry is launching on Monday new retail government securities under the Tezaur Program, with interest rates ranging from 3.50 to 4.5 percent per annum, depending on maturity.
According to the issue prospectus published in the Official Journal, the face value of a security is 1 RON; one-year securities carry an interest rate of 3.50 percent per annum, those with a two-year maturity - 4 percent, and those with a three-year maturity - 4.5 percent.
Subscriptions are open until October 31, 2019 through the postal offices and the Romanian Treasury.
The individuals'…
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