Fidelis EUR 5.45% 2028 (R2808AE) Bond — Price, Coupon & Yield

What R2808AE is

Fidelis EUR 5.45% 2028 (R2808AE) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail bond series and is denominated in EUR. The bond pays a fixed 5.45% coupon and matures on 2 Aug 2028, with roughly 1.9 years remaining until maturity. As a government-issued instrument, it is often compared with other Fidelis retail bonds such as Fidelis EUR 6.4% 2036 (R3604AE) or Fidelis EUR 5.25% 2031 (R3104AE), which differ in coupon and maturity.

Key numbers explained

• Price: 100.51% — the bond trades slightly above par (100), meaning you pay a small premium relative to the face value.
• Coupon: 5.45% — the annual interest rate paid by the issuer, expressed as a percentage of the face value.
• Estimated yield to maturity: 5.16% — the yield to maturity reflects 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: -0.29% — the bond’s price moved down by 0.29% on the current trading day.
• Years to maturity: 1.9 — the time left until the issuer repays the face value; shorter maturities generally mean less interest-rate sensitivity.
• Bond currency: EUR — all cash flows (coupons and principal) are in euros, which matters for investors comparing returns across currencies.

What to watch

Bond prices generally move inversely to interest rates, so changes in the ECB policy rate or Romanian monetary conditions can affect R2808AE’s price. Credit developments related to the Romanian government or the Ministerul Finantelor’s fiscal stance may also influence sentiment. Because the bond is listed on the BVB, liquidity and local market hours are relevant for execution. Investors often compare R2808AE with peers such as Fidelis RON 7.3% 2028 (R2804A) or Fidelis RON 7.25% 2027 (R2707C) to understand relative value across currencies and coupons. For a broader view of available instruments, see the Bonds directory.