Fidelis RON 7.1% 2026 (R2610A) Bond — Price, Coupon & Yield

What R2610A is

Fidelis RON 7.1% 2026 (R2610A) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, meaning it is designed for individual investors and pays a fixed coupon each year until maturity. The bond matures on Oct 6, 2026, at which point the issuer returns the principal (face value) to the holder. It belongs to the Government (Fidelis) sector and is part of the broader Fidelis retail bond programme, which also includes peers such as Fidelis RON 7.25% 2026 (R2612A) and Fidelis RON 6.85% 2027 (R2704A).

Key numbers explained

• Price: 99.86% — the bond trades just below its face value, so you pay slightly less than the amount you will receive at maturity.
• Coupon: 7.1% — the annual interest rate paid by the issuer, expressed as a percentage of the bond's face value.
• Estimated yield to maturity if bought at the current price: 11.46% — this yield to maturity reflects the total return you would earn if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and you buy it at the current price.
• Price change today: +0.01% — the daily move on the Bucharest Stock Exchange (BVB), showing a very small increase.
• Maturity: Oct 6, 2026 — the date when the issuer repays the principal; the bond has 0 years remaining until maturity.
• Bond currency: RON — all cash flows (coupon and principal) are in Romanian lei.

What to watch

• The bond's price can move with changes in Romanian interest rates and overall market sentiment.
• Because it is a government-issued instrument, its credit risk is tied to the issuer's fiscal position and policy decisions.
• The fixed coupon means the bond's current yield and total return depend heavily on the price you pay at purchase.
• Investors often compare it with other Fidelis retail bonds, such as Fidelis RON 6.75% 2030 (R3002C) or Fidelis RON 6.9% 2030 (R3006A), to understand relative value across different maturities and coupons.
• The Bucharest Stock Exchange (BVB) trading environment and liquidity conditions can affect how easily the bond is bought or sold.