Fidelis RON 6.9% 2028 (R2803B) Bond — Price, Coupon & Yield
Price
99.55%
0%
Key statistics
| Type | Romanian government bond (Fidelis) |
|---|---|
| Issuer | Ministerul Finantelor |
| Price (% of face value) | 99.55% |
| Coupon | 6.9% |
| Maturity | Mar 18, 2028 |
| Years to maturity | 1.5 |
| Est. yield to maturity | 7.22% |
| Currency | RON |
| ISIN | ROO40RMTSTJ5 |
| Exchange | BVB |
Yield to maturity is an approximation assuming the bond is held to maturity and repaid at 100% of face value.
Overview
What R2803B is
Fidelis RON 6.9% 2028 (R2803B) is a Romanian government bond issued by the Romanian Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, meaning it is designed for individual investors and pays a fixed coupon in Romanian lei. The bond matures on Mar 18, 2028, and is part of the broader Fidelis government bond series tracked on the Bonds directory.
Key numbers explained
- Price: 99.55% — the bond trades just below par, so you pay slightly less than the nominal value for each 100 RON face amount.
- Coupon: 6.9% — the annual fixed interest rate paid by the issuer, expressed as a percentage of the nominal value.
- Estimated yield to maturity if bought at the current price: 7.22% — the yield to maturity reflects the total return you would earn if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and the issuer does not default.
- Maturity: Mar 18, 2028 — the date when the issuer repays the nominal value and the bond ceases to exist.
- Years to maturity: 1.5 — the remaining time until maturity, which helps gauge interest-rate sensitivity.
- Price change today: 0% — the bond's price has not moved today, indicating no intraday trading activity or price discovery.
What to watch
- Interest-rate movements in Romania, which can push bond prices up or down relative to the fixed coupon.
- General credit developments for the Romanian government, since the bond's safety depends on the issuer's ability to pay.
- Liquidity on the Bucharest Stock Exchange (BVB), which can affect how easily the bond can be bought or sold.
- Comparisons with peers such as Fidelis RON 6.3% 2028 (R2809A) and Fidelis RON 6.4% 2028 (R2805C), which have different coupons and yields.
- Currency considerations, since the bond is denominated in RON and may be held alongside foreign-currency Fidelis issues like Fidelis EUR 3.6% 2029 (R2902AE) or Fidelis EUR 4.25% 2029 (R2904CE).
Latest news & filings
No recent headlines.
Frequently asked questions
Does R2803B pay a dividend?
No. R2803B is a bond, not a stock, so it pays a fixed coupon rather than a dividend.
What is the R2803B P/E ratio?
The P/E ratio is a metric for equities, not bonds, so it does not apply to R2803B.
Where can I buy R2803B?
R2803B is listed on the Bucharest Stock Exchange (BVB) and can be bought through a broker that provides access to the BVB market.
What is the estimated yield to maturity if bought at the current price?
The estimated yield to maturity is 7.22%, assuming the bond is held to maturity and coupons are reinvested at the same rate.
Who issues R2803B?
The bond is issued by the Romanian Ministry of Finance (Ministerul Finantelor) as part of the Fidelis retail bond programme.
When does R2803B mature?
R2803B matures on Mar 18, 2028, after which the issuer repays the nominal value.
Related
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