Treasury Program: Gov't securities for population at 3.5 - 5 pct per annum interest rates, as of Monday
Publicat:The Ministry of Public Finance launches new government securities issues for the population under the Treasury Program on Monday, with interest ranging between 3.50 percent per annum and 5 percent per annum depending on the maturity.
According to the Issue Prospectus published in the Official Gazette, the nominal value of one title is 1 leu. For the one-year maturity, the interest rate is 3.50 percent, for those with the two-year maturity of the interest rises to 4 percent, for the 3-year one - 4.5 percent and for the 5-year titles - 5 percent.
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