Romanians turn reluctant to finance government in May

The Ministry of Finance concluded in May 2026 the weakest Fidelis issue in the history of the program: about RON 714 million in equivalent, less than in any other month in the six and a half years since the launch of government bonds intended for the population, Ziarul Financiar reported. After it hiked the coupons attached to the bonds sold to households in April, the government offered lower interest rates in May in an attempt to reduce the financing cost.

The decision to reduce interest rates came at an inopportune time. Romania is going through a period of political instability - the government was dismissed, inflationary pressures remain worrying, and the economy shows signs of slowing down. In such a context, a less attractive offer compared to the previous month discouraged some potential subscribers.