Tezaur 2026 Government Bonds: Tax-free interest rates of up to 7.25% for senior investors

A new safe investment opportunity is opening up for Romanian seniors who wish to make their savings work for them. Starting 8 June 2026, the Romanian state is launching a new issue of Tezaur government securities, offering attractive, tax-free interest rates — an ideal option for pensioners seeking financial security.

Attractive interest rates for all types of investors

The new government securities offer three maturity options, each with competitive interest rates: 6.25% per annum for one-year investments, 6.80% for three-year investments, and 7.25% for five-year terms. These rates represent a valuable opportunity for seniors who wish to secure additional income without taking on significant risk.

A major advantage of these investments is that the returns are completely tax-free, meaning pensioners will receive the full interest amount calculated, with no tax deductions.

Simple ways to purchase

To facilitate access for older individuals, the authorities have put in place several purchasing channels. Securities can be bought online through the Ghișeul.ro platform until 1 July 2026, a convenient option for seniors who are comfortable with digital technology.

For those who prefer face-to-face transactions, securities are available at State Treasury branch offices until 3 July 2026. Purchases can also be made through Poșta Română postal branches, with transactions available until 2 July in urban areas and 1 July in rural areas.

Flexibility and security for investors

Investors benefit from maximum flexibility: they may make multiple subscriptions within the same issue, cancel a subscription during the designated period, and have the option to redeem their securities early should their financial circumstances require it.

Interest is paid annually in accordance with the dates set out in the issue prospectus, providing a predictable and steady income — an aspect of particular importance when planning a pensioner's monthly budget.

This initiative represents a safe alternative to traditional bank deposits, giving seniors the opportunity to protect and grow their savings in an ever-changing economic environment.