Banca Comerciala Romana 5.35% 2026 (BCR26) Bond — Price, Coupon & Yield

What BCR26 is

Banca Comerciala Romana 5.35% 2026 (BCR26) is a corporate bond issued by Banca Comerciala Romana and listed on the Bucharest Stock Exchange (BVB). It pays a fixed coupon of 5.35% and is set to mature on Dec 16, 2026, making it a short-dated instrument with 0.2 years remaining until maturity. The bond is denominated in RON and trades under the ISIN ROEAZVK5DFP8. In the context of the Romanian corporate bond market, BCR26 sits alongside other names such as Banca Comerciala Romana 7.55% 2029 (BCR29) and Banca Comerciala Romana 7.77% 2033 (BCR33), offering investors a shorter-duration alternative within the same issuer's curve.

Key numbers explained

• Price 97.82%: The bond is currently trading at 97.82% of its face value, meaning it is priced below par. This is the clean price you would see quoted on the Bucharest Stock Exchange (BVB).
• Coupon 5.35%: The annual coupon rate is 5.35%, paid on the nominal (face) value of the bond, not on the market price.
• Estimated yield to maturity 15.1%: If you buy the bond today at 97.82% and hold it to maturity, the yield to maturity — the total annualised return accounting for the coupon and the capital gain from the price discount — is estimated at 15.1%.
• Years to maturity 0.2: With 0.2 years left, the bond is close to its redemption date on 16 dec. 2026, which typically means lower interest-rate sensitivity.
• Price change today 0%: The bond's price has not moved today, showing no intraday change.
• Sector Corporate: As a corporate bond, BCR26 is issued by a company rather than a government, which generally implies a higher yield relative to sovereign debt.

Recent news

Recent headlines for Banca Comerciala Romana include the publication of the shareholder structure as of 31.07.2026, the announcement of decisions taken at the AGOA shareholders' meeting on 21.09.2026, and the convening notice for that same meeting. The company also released its semi-annual report for S1 2026 and disclosed a modification to its 2026 financial calendar.

What to watch

For BCR26 and similar short-dated corporate bonds, key factors to monitor include the issuer's credit profile, any changes in the broader interest-rate environment, and developments in the Romanian corporate bond market. Because the bond is near maturity, its price will increasingly converge toward par as the redemption date approaches, a dynamic that can reduce price volatility. Investors may also compare BCR26's yield and duration with those of peers such as Autonom Services S.A. 4.11% 2026 (AUT26E) or Banca Comerciala Romana 7.718% 2031 (BCR31) to understand relative value within the BVB corporate bond space.