Fidelis RON 8.25% 2027 (R2707B) Bond — Price, Coupon & Yield

What R2707B is

Fidelis RON 8.25% 2027 (R2707B) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail bond series and is denominated in RON. In the broader context of Romanian government bonds, it sits alongside peers such as Fidelis RON 7.95% 2027 (R2711B) and Fidelis RON 7.4% 2028 (R2805A), which investors often compare when building a fixed-income allocation.

Key numbers explained

• Price 101%: The bond trades at 101% of its face value, meaning you pay a small premium above par.
• Coupon 8.25%: The annual coupon rate is 8.25%, paid on the nominal value; this is the contractual interest rate set at issuance.
• Estimated yield to maturity 6.98%: If you buy the bond today at the current price and hold it to maturity, the yield to maturity — the total annualised return accounting for the premium paid — is approximately 6.98%.
• Maturity Jul 16, 2027: The bond matures on 16 iul. 2027, at which point the issuer repays the face value.
• Years to maturity 0.8: There are roughly 0.8 years remaining until maturity, which keeps interest-rate sensitivity relatively low.
• Price change today -0.05%: The price moved -0.05% today, a small intraday fluctuation typical of liquid government bonds.

What to watch

• Interest-rate movements in Romania: when benchmark rates rise, bond prices tend to fall, and vice versa.
• Fiscal policy and issuer credit considerations: government bond prices can react to changes in fiscal outlook and sovereign credit assessments.
• Liquidity and trading volume on the BVB, which can affect the ease and cost of entering or exiting positions.
• The proximity to maturity: with only 0.8 years left, the bond's price will increasingly converge toward par as the maturity date approaches.