Fidelis RON 6.85% 2027 (R2707A) Bond — Price, Coupon & Yield

What R2707A is

Fidelis RON 6.85% 2027 (R2707A) 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 and is denominated in RON. The bond pays a fixed coupon of 6.85% and matures on Jul 3, 2027, with 0.8 years remaining to maturity. It is part of the broader Fidelis family of retail bonds, which also includes peers such as Fidelis RON 6.75% 2027 (R2703A) and Fidelis RON 6.85% 2030 (R3007A).

Key numbers explained

• Price: 99.95% — the bond trades just below par, meaning you pay slightly less than the nominal value for each unit of face value.
• Coupon: 6.85% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 6.92% — the yield to maturity is the total annualised return you would earn if you bought the bond at the current price and held it to maturity, assuming all coupons are reinvested at the same rate.
• Price change today: +0.45% — the bond's price has risen by 0.45% on the current trading day.
• Years to maturity: 0.8 — with less than one year remaining, the bond's price is highly sensitive to the final coupon and principal repayment.
• Maturity: Jul 3, 2027 — the date on which the issuer repays the nominal value and the final coupon is paid.

What to watch

Bond prices generally move inversely to interest rates, so changes in the monetary policy environment can affect R2707A's valuation. The short remaining maturity means the price will converge toward 100% as the maturity date approaches, assuming no credit events. Investors should also monitor the credit profile of the issuer, which is the Romanian state, and broader market liquidity on the Bucharest Stock Exchange (BVB). For a wider view of available Romanian government bonds, see the Bonds directory.