Fidelis EUR 5.5% 2028 (R2812AE) Bond — Price, Coupon & Yield

What R2812AE is

Fidelis EUR 5.5% 2028 (R2812AE) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail series and is denominated in EUR, paying a fixed 5.5% coupon until maturity on Dec 20, 2028. In InvestPane, it is tracked as a bond with a current price of 100.74% and a price change today of +0.44%. It is part of the broader Fidelis family, which includes peers such as Fidelis EUR 4.75% 2031 (R3101AE) and Fidelis EUR 5% 2029 (R2904AE).

Key numbers explained

• Price 100.74% means the bond trades slightly above its nominal (face) value of 100.
• Coupon 5.5% is the annual interest rate paid by the issuer, expressed as a percentage of nominal value.
• Estimated yield to maturity 5.15% is the yield to maturity, i.e. the total return you would earn if you bought the bond at 100.74% and held it to Dec 20, 2028, assuming all coupons are reinvested at the same rate.
• Years to maturity 2.2 indicates roughly two years and three months remain until the final principal repayment.
• Price change today +0.44% shows the intraday move relative to the previous close.
• Bond currency EUR means both coupon and principal are paid in euros.

What to watch

• Interest rate movements in the Eurozone, which typically push bond prices in the opposite direction.
• Romania's fiscal and debt strategy, as government bond prices reflect issuer credit perception.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• The proximity of maturity, which reduces the impact of long-term rate swings as the bond approaches Dec 20, 2028.
• Comparisons with other Fidelis retail issues, such as Fidelis EUR 5% 2029 (R2910AE) or Fidelis EUR 3.5% 2029 (R2903CE), for context on relative pricing within the series.