Fidelis RON 8.35% 2027 (R2706B) Bond — Price, Coupon & Yield

What R2706B is

Fidelis RON 8.35% 2027 (R2706B) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail series, meaning it is designed for individual investors rather than institutional placement. The bond pays a fixed 8.35% coupon and matures on Jun 19, 2027, with roughly 0.7 years remaining until maturity. It is denominated in RON, so investors are exposed to Romanian interest rates and local currency risk. Within the Fidelis family, it sits alongside peers such as Fidelis RON 7.6% 2028 (R2804B), Fidelis RON 7.35% 2029 (R2911A), Fidelis RON 6.3% 2028 (R2808A), Fidelis RON 6.9% 2028 (R2803B), Fidelis RON 7.7% 2031 (R3111A), and Fidelis RON 7.6% 2032 (R3204A), as well as the foreign-currency issue Fidelis EUR 3.5% 2029 (R2903CE).

Key numbers explained

• Price: 101.1% — the bond trades at a slight premium to its face value, meaning you pay 101.1 RON for every 100 RON of nominal amount.
• Coupon: 8.35% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity if bought at the current price: 6.81% — the yield to maturity is the total annualised return you would earn if you bought the bond today at 101.1%, held it to maturity, and reinvested coupons at the same rate. Because the price is above par, the yield is lower than the coupon.
• Maturity: Jun 19, 2027 — the date when the issuer repays the nominal amount; with 0.7 years remaining, the bond has a short remaining horizon.
• Price change today: -0.04% — the intraday move, showing a modest decline in market price.
• Years to maturity: 0.7 — less than one year to maturity, which typically means the price is sensitive mainly to the final coupon and principal repayment.

What to watch

• Interest rate movements in Romania, which affect the market price of fixed-coupon bonds like R2706B.
• The issuer's funding conditions and fiscal policy, since the bond is a government issue.
• The remaining time to maturity, which shortens to zero on Jun 19, 2027, after which the principal is repaid.
• The RON exchange rate for investors holding the bond in a different currency.
• The broader Fidelis retail bond series, which can be explored in the Bonds directory.