Banca Comerciala Romana 5.98% 2028 (BCR28B) Bond — Price, Coupon & Yield

What BCR28B is

Banca Comerciala Romana 5.98% 2028 (BCR28B) is a corporate bond issued by Banca Comerciala Romana and listed on the Bucharest Stock Exchange (BVB). It pays a fixed 5.98% coupon and matures on 9 Dec. 2028, with 2.2 years remaining as of the latest data. The bond is denominated in RON and trades under the symbol BCR28B (ISIN ROPQT4NGMLM3). In the InvestPane bonds directory, BCR28B sits alongside Romanian corporate peers such as Banca Comerciala Romana 5.35% 2026 (BCR26), Unicredit Bank S.A. 7.82% 2028 (UCB28), and Banca Transilvania S.A. 8.875% 2032 (TLV32).

Key numbers explained

• Price: 93.4% — the bond is trading below its nominal (par) value, which is typical when market yields are higher than the coupon.
• Coupon: 5.98% — the annual interest payment as a percentage of nominal value; this is the fixed cash flow the bond generates.
• Estimated yield to maturity: 9.27% — the yield to maturity is the total return an investor would earn if the bond is held to maturity and all coupons are reinvested at the same rate, assuming no default.
• Maturity: 9 Dec. 2028 — the date when the issuer repays the nominal amount; with 2.2 years left, the bond is a short-to-medium term holding.
• Price change today: +1.25% — the intraday move in the bond's clean price, reflecting supply and demand on the Bucharest Stock Exchange (BVB).
• Sector: Corporate — the issuer is a corporate entity, so the bond carries credit risk tied to Banca Comerciala Romana's financial health.
• Bond currency: RON — all cash flows (coupons and principal) are paid in Romanian lei.

Recent news

Recent headlines indicate that Banca Comerciala Romana has updated its shareholder structure as of 31.07.2026, with decisions adopted at the 21.09.2026 general shareholders' meeting. The company also published its S1 2026 semi-annual report and announced a modification to its 2026 financial calendar, including the convening notice for the upcoming general meeting.

What to watch

• Credit quality of the issuer, which can affect the bond's spread and price.
• Interest rate movements in Romania, as rising rates typically push bond prices down.
• Liquidity on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• The issuer's financial calendar, including reports and shareholder decisions that may signal changes in outlook.
• Comparisons with peers such as Unicredit Bank S.A. 7.82% 2028 (UCB28) and Raiffeisen Bank S.A. 8.817% 2027 (RBRO27C) for relative yield and risk context.