Fidelis RON 7.5% 2028 (R2803A) Bond — Price, Coupon & Yield

What R2803A is

Fidelis RON 7.5% 2028 (R2803A) is a Romanian government bond issued by the Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail bond series and is denominated in RON. In the InvestPane bond directory, it sits alongside peers such as Fidelis RON 6.9% 2028 (R2803B), Fidelis RON 7.35% 2028 (R2806B), and Fidelis RON 7.5% 2036 (R3608A), which investors often compare when building a fixed-income ladder.

Key numbers explained

• Price 100.01%: The bond trades just above par, meaning you pay a tiny premium over the nominal value for each RON 100 face amount.
• Coupon 7.5%: The annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Maturity Mar 19, 2028: The date on which the issuer repays the final principal, ending the bond’s life.
• Years to maturity 1.5: Roughly 18 months remain until the principal is returned.
• Estimated yield to maturity 7.5%: The yield to maturity is the total return you would earn if you bought the bond at the current price and held it to maturity, assuming all coupons are reinvested at the same rate.
• Price change today +0.01%: The intraday move shows the price shifted by one basis point, a typical small fluctuation for a liquid government bond.

What to watch

Bond prices generally move inversely to interest rates, so shifts in the monetary policy stance of the National Bank of Romania can affect R2803A’s market value. Credit risk for this issue is tied to the Romanian sovereign, while liquidity depends on trading activity on the BVB. Investors often compare R2803A with Fidelis RON 7.8% 2030 (R3003A) or Fidelis EUR 5.8% 2028 (R2804AE) to see how currency and maturity differences shape expected returns. For a broader view of available issues, see the Bonds directory.