observatornews.ro/economic/o-noua-editie-tezaur-ce

The Ministry of Finance is launching a new edition of the TEZAUR program, allowing Romanians to invest in state bonds with tax-free annual interest rates up to 7.50%. The new issuance offers three maturity options: 1, 3, and 5 years, with respective interest rates of 6.50%, 7.00%, and 7.50%. Subscription is open from November 9 to December 4, 2026, with different deadlines depending on the purchase method. Investors can buy bonds through various channels, including online and at state treasury units. The main advantage is that interest income is tax-exempt, and bonds are transferable and can be redeemed early. The funds raised will finance the budget deficit and refinance public debt.