Fidelis RON 7.3% 2028 (R2808B) Bond — Price, Coupon & Yield

What R2808B is

Fidelis RON 7.3% 2028 (R2808B) is a Romanian government bond issued by the Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in RON, with a fixed coupon of 7.3% paid until maturity on Aug 19, 2028. As a government bond, it is generally considered lower risk than corporate bonds, and it sits alongside other Fidelis issues such as Fidelis RON 7.6% 2029 (R2909A) and Fidelis RON 6.35% 2028 (R2806A) in the local fixed-income universe.

Key numbers explained

• Price 100.45%: The bond trades just above par, meaning you pay slightly more than the face value for each RON 100 nominal.
• Coupon 7.3%: The annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 7.05%: 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.
• Years to maturity 1.9: Roughly two years remain until the Aug 19, 2028 maturity date.
• Price change today +0.05%: The market price moved up slightly on the current trading day.
• Bond currency RON: All cash flows—coupon and principal—are in Romanian lei.

What to watch

• Interest rate movements in Romania, which can push bond prices up or down.
• Fiscal policy and government financing plans, which affect the supply of new Fidelis issues.
• Inflation expectations, which influence real returns on fixed coupons.
• Liquidity and trading volume on the BVB, which can affect execution costs.
• Comparisons with peers like Fidelis RON 6.3% 2028 (R2809A) and Fidelis RON 8.2% 2027 (R2710b) for relative yield and maturity profiles.