Fidelis RON 7.25% 2027 (R2707C) Bond — Price, Coupon & Yield

What R2707C is

Fidelis RON 7.25% 2027 (R2707C) is a Romanian government bond issued by Ministerul Finantelor as part of the Fidelis retail programme. It trades on the Bucharest Stock Exchange (BVB) under the symbol R2707C and is denominated in RON. As a short-dated government bond, it is often compared with peers such as Fidelis RON 6.85% 2027 (R2707A) or longer-dated issues like Fidelis RON 7.9% 2031 (R3109A) when building a diversified bond allocation.

Key numbers explained

• Price 100.2%: the bond is trading slightly above par, meaning you pay a small premium relative to the nominal value.
• Coupon 7.25%: the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 7%: the yield to maturity reflects the total return you would earn if you bought the bond today at 100.2% and held it to maturity, assuming all coupons are reinvested at the same rate.
• Maturity Jul 16, 2027: the date when the issuer repays the nominal value and the bond ceases to exist.
• Years to maturity 0.8: a measure of the bond's remaining life, useful for comparing it with other fixed-income instruments.
• Price change today -0.13%: the intraday move, showing that the bond has weakened slightly on the session.

What to watch

• Interest rate movements in Romania, which affect the market value of fixed-coupon bonds.
• Sovereign credit developments that may influence the pricing of Romanian government paper.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• The bond's short duration, which limits price sensitivity but also means the yield is driven largely by the coupon and the remaining time to maturity.