Fidelis RON 6.95% 2027 (R2711A) Bond — Price, Coupon & Yield

What R2711A is

Fidelis RON 6.95% 2027 (R2711A) 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 6.95% and maturity on Nov 19, 2027, leaving 1.2 years to maturity. The bond is part of the broader Fidelis retail bond series, which includes peers such as Fidelis RON 7.6% 2029 (R2909A), Fidelis RON 6.6% 2030 (R3003C), and Fidelis RON 7.3% 2028 (R2804a).

Key numbers explained

• Price: 98% — the bond trades at 98% of its face value, meaning you pay 98 RON for each 100 RON nominal.
• Coupon: 6.95% — the annual interest paid as a percentage of the nominal value.
• Estimated yield to maturity if bought at the current price: 8.77% — the yield to maturity reflects the total return if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and the issuer does not default.
• Years to maturity: 1.2 — the time remaining until the principal is repaid.
• Price change today: -1.86% — the bond's price has fallen by 1.86% on the current trading day.
• Bond currency: RON — all cash flows (coupons and principal) are in Romanian lei.

What to watch

Bond prices move inversely with interest rates, so changes in the monetary policy environment can affect R2711A's price. Credit risk for government retail bonds is generally low, but it is still tied to the issuer's fiscal position. Liquidity on the BVB can vary, which may affect execution costs. Investors in the Fidelis retail series may compare R2711A with Fidelis RON 7.6% 2030 (R3004A) or Fidelis RON 8.2% 2027 (R2709b) to understand how coupon and maturity differences shape relative valuations. For a broader view of available instruments, see the Bonds directory.