Fidelis EUR 5.8% 2028 (R2804AE) Bond — Price, Coupon & Yield
Price
100.86%
-0.34%
Key statistics
| Type | Romanian government bond (Fidelis) |
|---|---|
| Issuer | Ministerul Finantelor |
| Price (% of face value) | 100.86% |
| Coupon | 5.8% |
| Maturity | Apr 13, 2028 |
| Years to maturity | 1.6 |
| Est. yield to maturity | 5.22% |
| Currency | EUR |
| ISIN | ROTDI264MAU5 |
| Exchange | BVB |
Yield to maturity is an approximation assuming the bond is held to maturity and repaid at 100% of face value.
Overview
What R2804AE is
Fidelis EUR 5.8% 2028 (R2804AE) 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 EUR, paying a fixed 5.8% coupon until maturity on Apr 13, 2028. As a government bond, it is typically seen as a lower-risk credit instrument compared with corporate bonds, and it sits in the Government (Fidelis) sector. It is part of the broader Fidelis retail bond lineup, which includes peers such as Fidelis RON 7.2% 2027 (R2708A), Fidelis RON 6.35% 2028 (R2806A), and Fidelis EUR 4.8% 2031 (R3107AE).
Key numbers explained
- Price: 100.86% — the bond trades just above its nominal (face) value of 100, meaning you pay a small premium for each 100 units of nominal.
- Price change today: -0.34% — the market price has fallen slightly intraday, reflecting normal daily supply and demand moves.
- Coupon: 5.8% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
- Estimated yield to maturity if bought at the current price: 5.22% — this yield to maturity is the total return you would earn if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and no default occurs; it is lower than the coupon because you are paying a premium.
- Maturity: Apr 13, 2028 — the date when the issuer repays the final coupon and the nominal value; with yearsToMaturity: 1.6, the bond has roughly 1.6 years remaining.
- Bond currency: EUR — all cash flows (coupons and principal) are in euros, which means the bond carries currency risk for investors whose base currency is not EUR.
What to watch
- Interest rate movements in the Eurozone, which can push bond prices up or down.
- Romania's sovereign credit outlook and fiscal policy, which influence the perceived risk of government bonds.
- EUR exchange-rate fluctuations if your base currency differs from the bond's currency.
- Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect how easily you can enter or exit a position.
- The overall yield environment, as newly issued bonds with higher coupons can make existing lower-coupon bonds less attractive.
Latest news & filings
No recent headlines.
Frequently asked questions
Does R2804AE pay a dividend?
No. R2804AE is a bond, not a share, so it does not pay a dividend. It pays a fixed 5.8% coupon instead.
What is the R2804AE P/E ratio?
The P/E ratio is a metric for stocks, not bonds. For R2804AE, the relevant valuation figure is the price of 100.86% of nominal and the estimated yield to maturity of 5.22%.
Where can I buy R2804AE?
R2804AE is listed on the Bucharest Stock Exchange (BVB). You can buy it through any broker that provides access to the BVB market.
What is the maturity date of R2804AE?
The maturity date is Apr 13, 2028, with 1.6 years remaining at the time of this data.
Who issues R2804AE?
The issuer is the Romanian Ministry of Finance, Ministerul Finantelor, under the Fidelis retail bond programme.
Is R2804AE a high-risk bond?
It is a Romanian government bond, which is generally considered lower risk than corporate bonds, but it still carries interest-rate, currency, and sovereign credit risk.
Related
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