Municipiul Bistrita 6.49% 2029 (BIS29) Bond — Price, Coupon & Yield

What BIS29 is

Municipiul Bistrita 6.49% 2029 (BIS29) is a municipal bond issued by Municipiul Bistrita and traded on the Bucharest Stock Exchange (BVB). It belongs to the Municipal sector and is denominated in RON. The bond pays a fixed coupon of 6.49% and reaches maturity on Nov 25, 2029.

For context, other Romanian municipal bonds listed on the BVB include Municipiul TG. Mures 6.44% 2027 (TGM27), Municipiul Focsani 6.59% 2026 (FOC26), and Municipiul Zalau 6.37% 2030 (ZAL30).

Key numbers explained

• Coupon: 6.49% — This is the annual interest rate the issuer pays to bondholders, expressed as a percentage of the bond's face value. It is fixed for the life of this bond and paid periodically until maturity.
• Maturity: Nov 25, 2029 — The date on which the principal amount of the bond is repaid to the investor and interest payments cease.
• Bond currency: RON — All payments (coupon and principal) are made in Romanian Leu.
• Issuer: Municipiul Bistrita — The public entity responsible for repaying the bond.
• Market: Bucharest Stock Exchange (BVB) — The exchange where the bond is listed and traded.

What to watch

• Interest rate environment — Changes in prevailing interest rates can affect the market price of existing bonds. When rates rise, bond prices typically fall, and vice versa.
• Credit quality of the issuer — The financial health and creditworthiness of Municipiul Bistrita can influence the bond's market value and the risk premium demanded by investors.
• Time to maturity — As the bond approaches its Nov 25, 2029 maturity date, its price sensitivity to interest rate changes generally decreases.
• Comparable bonds — Other municipal bonds like Municipiul Slobozia 6.66% 2029 (SLB29) and Municipiul Iasi 6.425% 2028 (IAS28A) may be affected by similar market factors.