Fidelis EUR 3.75% 2028 (R2812CE) Bond — Price, Coupon & Yield
Price
97.7%
+0.06%
Key statistics
| Type | Romanian government bond (Fidelis) |
|---|---|
| Issuer | Ministerul Finantelor |
| Price (% of face value) | 97.7% |
| Coupon | 3.75% |
| Maturity | Dec 17, 2028 |
| Years to maturity | 2.2 |
| Est. yield to maturity | 4.84% |
| Currency | EUR |
| ISIN | ROIDUZS8Y0G0 |
| Exchange | BVB |
Yield to maturity is an approximation assuming the bond is held to maturity and repaid at 100% of face value.
Overview
What R2812CE is
Fidelis EUR 3.75% 2028 (R2812CE) is a Romanian government bond issued by Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail-oriented Fidelis issue, meaning it is designed for individual investors rather than institutional placement. The bond pays a fixed 3.75% coupon in EUR and matures on Dec 17, 2028, with 2.2 years remaining until maturity. It is part of the broader Fidelis retail bond programme, which also includes peers such as Fidelis EUR 4.15% 2028 (R2810CE) and Fidelis EUR 5% 2029 (R2908AE).
Key numbers explained
- Price: 97.7% — the bond trades at a discount to its face value, meaning you pay 97.7 for every 100 of nominal value.
- Coupon: 3.75% — the annual interest payment as a percentage of face value, paid in EUR.
- Estimated yield to maturity: 4.84% — the yield to maturity is the total return you would earn if you bought the bond today at 97.7% and held it to maturity, assuming all coupons are reinvested at the same rate.
- Years to maturity: 2.2 — the approximate time left until the issuer repays the principal, which keeps interest-rate sensitivity relatively low.
- Price change today: +0.06% — the intraday move in the bond's quoted price.
- Bond currency: EUR — all coupon payments and the final principal repayment are denominated in euros.
What to watch
Bond prices generally move inversely to interest rates, so changes in the ECB policy rate or Romanian monetary conditions can affect R2812CE's market price. Credit developments related to the Romanian sovereign, including fiscal policy and debt management decisions by Ministerul Finantelor, are also relevant. Liquidity on the BVB and the spread between this bond and other Fidelis retail issues, such as Fidelis EUR 3.1% 2027 (R2708AE), can influence trading costs and price stability.
Latest news & filings
No recent headlines.
Frequently asked questions
Does R2812CE pay a dividend?
No. R2812CE is a bond, not a share, so it does not pay a dividend. It pays a fixed coupon of 3.75% annually.
What is the R2812CE P/E ratio?
The P/E ratio is a metric used for equities, not bonds. For R2812CE, the relevant valuation metric is the yield to maturity, which is 4.84% at the current price of 97.7%.
Where can I buy R2812CE?
R2812CE 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 R2812CE?
The bond matures on Dec 17, 2028, with 2.2 years remaining as of the latest data.
Who issues R2812CE?
The issuer is Ministerul Finantelor, the Romanian Ministry of Finance, under the Fidelis retail bond programme.
Related
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