Fidelis RON 7.35% 2027 (R2706A) Bond — Price, Coupon & Yield

What R2706A is

Fidelis RON 7.35% 2027 (R2706A) is a Romanian government bond issued by the Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, with a fixed coupon of 7.35% and a maturity date of Jun 19, 2027. As a government bond, it is generally considered a lower-risk instrument compared with corporate or sector-specific bonds. In the InvestPane bond directory, it sits alongside other Fidelis retail issues such as Fidelis RON 8.25% 2027 (R2707B) and Fidelis RON 6.15% 2028 (R2802C), which investors may compare for yield and maturity profile.

Key numbers explained

• Price: 100.14% — the bond is trading just above par, meaning you pay slightly more than the nominal value for each unit of face value.
• Coupon: 7.35% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 7.15% — the yield to maturity is the total return you would earn if you hold the bond to maturity and reinvest coupons at the same rate, adjusted for the current price.
• Maturity: Jun 19, 2027 — the date when the issuer repays the nominal value and the bond ceases to exist.
• Years to maturity: 0.7 — roughly eight months remain until maturity, which keeps interest-rate sensitivity low.
• Price change today: -0.01% — the bond’s quoted price moved down marginally on the current trading session.

What to watch

• Interest rates — when market rates rise, existing bond prices tend to fall, and vice versa; the short remaining maturity limits this effect for R2706A.
• Issuer credit quality — as a government-issued instrument, the bond’s risk is tied to the fiscal position of the Romanian state.
• Reinvestment risk — with a short horizon, coupon payments will need to be reinvested at whatever rates prevail closer to maturity.
• Liquidity — trading volume on the BVB can affect how easily positions are entered or exited without impacting price.
• Currency exposure — because the bond is denominated in RON, investors should consider how exchange-rate moves affect the value of returns converted into other currencies.

For broader context, the Bonds directory lists all tracked bonds, including peer Fidelis issues such as Fidelis EUR 6.5% 2035 (R3508AE) and Fidelis EUR 4% 2029 (R2906ae).