Fidelis RON 8.2% 2027 (R2708B) Bond — Price, Coupon & Yield

What R2708B is

Fidelis RON 8.2% 2027 (R2708B) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, with a fixed coupon of 8.2% and maturity on Aug 13, 2027. As of the latest data, the bond trades at 100.35% of par, with a price change today of -0.53%. It is part of the broader Fidelis retail bond series, which includes peers such as Fidelis RON 7.2% 2027 (R2710A) and Fidelis RON 6.9% 2028 (R2803B).

Key numbers explained

• Price 100.35%: The bond is trading slightly above par (100), meaning investors pay a small premium relative to the nominal value.
• Coupon 8.2%: The annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 7.79%: The yield to maturity is the total return an investor would earn if the bond is held to maturity, assuming all coupons are reinvested at the same rate and no default occurs. It is lower than the coupon because the purchase price is above par.
• Years to maturity 0.9: The bond has less than one year remaining until the maturity date, so its price is highly sensitive to short-term interest rate movements.
• Price change today -0.53%: The bond’s market price fell by 0.53% on the current trading day.
• Bond currency RON: All cash flows (coupons and principal) are paid in Romanian lei.

What to watch

• Short-dated government bonds like R2708B are influenced by the central bank’s policy rate and short-term liquidity conditions.
• Because the bond is near maturity, its price will converge toward par at redemption, which limits long-term price volatility but makes the current yield sensitive to small price moves.
• The issuer is the Romanian Ministry of Finance, so credit considerations are tied to the sovereign’s fiscal and debt dynamics.
• Investors comparing Fidelis retail bonds may look at the Fidelis EUR 5% 2029 (R2908BE) or Fidelis EUR 5.3% 2028 (R2810AE) series to understand how currency and coupon differences affect relative valuations.