Fidelis RON 7.2% 2027 (R2708A) Bond — Price, Coupon & Yield

What R2708A is

Fidelis RON 7.2% 2027 (R2708A) is a Romanian government bond issued by Ministerul Finantelor as part of the Fidelis retail programme. It trades on the Bucharest Stock Exchange (BVB) and is denominated in RON. The bond pays a fixed coupon of 7.2% and matures on Aug 13, 2027, with 0.9 years remaining to maturity. At the current price of 99.8%, its estimated yield to maturity is 7.43%.

Key numbers explained

• Price (99.8%): The bond is priced just below par, meaning you pay slightly less than the face value for each unit.
• Coupon (7.2%): The annual interest rate paid by the issuer, expressed as a percentage of the bond's face value.
• Yield to maturity: The total return you would earn if you hold the bond to maturity and reinvest coupons at the same rate; here it is 7.43% at the current price.
• Maturity (Aug 13, 2027): The date when the issuer repays the face value and the bond ceases to exist.
• Years to maturity (0.9): Less than one year remains until the bond matures, which typically limits interest-rate sensitivity.
• Price change today (0%): The bond's price has not moved today relative to its previous close.

What to watch

• Interest rate movements in Romania, which can affect the price of government bonds like R2708A.
• The issuer's financing conditions and overall fiscal policy, which influence the credit environment for Romanian government paper.
• The short remaining tenor (0.9 years), which means the bond's price will converge toward par as it approaches maturity.
• The broader Fidelis retail bond series, which includes Fidelis RON 7.5% 2036 (R3609A), Fidelis RON 7.25% 2026 (R2612a), and Fidelis RON 7.6% 2029 (R2912a), for comparison on coupon and maturity profiles.
• The Bonds directory for a full list of available fixed-income instruments.