fidelis
FIDELIS vs bank deposit — net yield
Compare tax-free FIDELIS-style interest with a taxed bank deposit on the same RON principal.
Romanian investors often weigh FIDELIS (or similar government offerings marketed as tax-advantaged) against a plain bank deposit. The headline yield is not the net yield.
What to compare
- Principal and tenor (same cash, same horizon).
- Stated annual yield on each product.
- Tax treatment: deposit interest is typically taxed; FIDELIS-style issues may be exempt under current rules — always verify the offering documents for the series you buy.
Run the side-by-side in the Investment Tax Calculator (FIDELIS vs deposit panel) and edit the rates to match today’s quotes.
Caveats
Liquidity, auction allocation, and reinvestment risk differ from a deposit. Tax rules can change; this page does not replace the prospectus or ANAF guidance.
Educational only — not tax or investment advice.