Fidelis RON 6.15% 2028 (R2802C) Bond — Price, Coupon & Yield

What R2802C is

Fidelis RON 6.15% 2028 (R2802C) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail series and is denominated in RON. The bond pays a fixed 6.15% coupon and matures on Feb 18, 2028, making it a short-dated government instrument with roughly 1.4 years remaining to maturity. In the Fidelis lineup, it sits alongside peers such as Fidelis RON 6.45% 2028 (R2801A) and Fidelis RON 6.55% 2027 (R2712A), which investors often compare when building a ladder of nearby maturities.

Key numbers explained

• Price: 98.2% — the bond trades at a small discount to its face value; for every 100 RON nominal, you pay 98.2 RON.
• Coupon: 6.15% — the annual interest paid by the issuer, expressed as a percentage of nominal value.
• Estimated yield to maturity if bought at the current price: 7.5% — this yield to maturity reflects the total return you would earn if you bought the bond today, held it to maturity, and reinvested coupons at the same rate; it is higher than the coupon because the purchase price is below par.
• Maturity: Feb 18, 2028 — the date on which the issuer repays the nominal amount and the bond ceases to exist.
• Years to maturity: 1.4 — a measure of the bond’s remaining life, useful for comparing it with other instruments in the Bonds directory.
• Price change today: 0% — the bond’s market price has not moved today, which means trading activity has been flat so far.

What to watch

Bond prices generally move in the opposite direction of interest rates, so shifts in the monetary policy outlook can affect R2802C’s valuation. Liquidity, issuer credit perception, and the overall supply of nearby-maturity government paper also influence trading levels. Because the bond has a short remaining horizon, its price is more sensitive to rate changes than a longer-dated bond, but the impact is more limited than for instruments with many years left. Investors often compare R2802C with Fidelis RON 7.9% 2027 (R2712B) or Fidelis RON 5.8% 2027 (B2707A) to see how coupon and maturity differences shape relative value within the Fidelis retail range.