Fidelis RON 8.2% 2027 (R2709B) Bond — Price, Coupon & Yield

What R2709B is

Fidelis RON 8.2% 2027 (R2709B) is a Romanian government bond issued by the Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, with a fixed 8.2% coupon paid until maturity on Sep 17, 2027. As a short-dated government bond with roughly 1 year remaining, it is often used as a benchmark for local-currency risk-free or near-risk-free exposure. In the broader Fidelis universe, investors sometimes pair it with peers such as Fidelis RON 7.5% 2028 (R2803A) or Fidelis EUR 5.25% 2031 (R3104AE) to compare yield and currency exposure across the series.

Key numbers explained

• Price: 100.6% — the bond trades slightly above par, meaning you pay 100.6 RON for every 100 RON of face value.
• Coupon: 8.2% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 7.57% — the yield to maturity is the total return you would earn if you bought the bond today at 100.6% and held it to maturity, assuming all coupons are reinvested at the same rate.
• Maturity: Sep 17, 2027 — the date when the issuer repays the nominal value and the last coupon is paid.
• Years to maturity: 1 — a short horizon that typically means lower interest-rate sensitivity compared with longer-dated bonds.
• Price change today: +0.04% — the intraday move in the bond's quoted price.

What to watch

• Interest rates — when central bank rates rise, existing bond prices tend to fall, and vice versa; the effect is more pronounced for longer maturities.
• Issuer credit quality — as a government bond, R2709B carries sovereign credit risk, which can shift with fiscal and political developments.
• Currency and inflation — because the bond is denominated in RON, changes in purchasing power and exchange rates can affect real returns for foreign investors.
• Liquidity — trading volume on the BVB can vary, which may affect the ease and cost of entering or exiting a position.
• Peer comparisons — investors often compare R2709B with other Fidelis issues such as Fidelis RON 7.5% 2028 (R2803A), Fidelis EUR 5.25% 2031 (R3104AE), or Fidelis EUR 3.1% 2027 (R2708AE) to assess relative value across currencies and maturities.