Patria Bank S.A. 6.5% 2028 (PBK28E) Bond — Price, Coupon & Yield

What PBK28E is

Patria Bank S.A. 6.5% 2028 (PBK28E) is a corporate bond issued by Patria Bank S.A. and listed on the Bucharest Stock Exchange (BVB). It pays a fixed 6.5% coupon in EUR and matures on Oct 5, 2028, making it a short-dated instrument with 2 years remaining until maturity. In the InvestPane bonds directory, it sits alongside peers such as Unicredit Bank S.A. 9.07% 2027 (UCB27), Autonom Services S.A. 5.97% 2031 (AUT31E), and Raiffeisen Bank S.A. 8.817% 2027 (RBRO27C).

Key numbers explained

• Price: 99% — the bond trades just below par, meaning you pay slightly less than the face value for each 100 of nominal.
• Coupon: 6.5% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal amount.
• Estimated yield to maturity if bought at the current price: 7.03% — the yield to maturity is the total annualised return you would earn if you bought the bond today at 99%, held it to maturity, and reinvested all coupons at the same rate.
• Maturity: Oct 5, 2028 — the date when the issuer repays the final coupon and the principal.
• Years to maturity: 2 — a short horizon, which typically means lower interest-rate sensitivity than longer-dated bonds.
• Price change today: -0.8% — the bond's market price moved down by 0.8% on the current trading day.
• Sector: Corporate — the issuer is a corporate entity, not a government or supranational.
• Bond currency: EUR — all cash flows (coupon and principal) are denominated in euros.

Recent news

Recent headlines include several coupon payment notifications (coupons 10, 11, and 12), a shareholder structure update as of 31.03.2026, and resolutions from the Annual General Assembly of shareholders dated 29 April 2026. These items reflect routine corporate actions and periodic income distributions typical for a listed bond.

What to watch

For a bond like PBK28E, investors typically monitor the issuer's credit profile, the prevailing interest-rate environment, and the EUR funding costs for Romanian corporate issuers. The short 2-year maturity limits duration risk, but the spread over risk-free benchmarks can still widen or tighten based on market sentiment. Comparing PBK28E with peers such as Raiffeisen Bank S.A. 3.793% 2028 (RBRO28) or Banca Comerciala Romana 3.9% 2028 (BCR28) can help contextualise its yield and credit spread.