Fidelis EUR 5% 2029 (R2903AE) Bond — Price, Coupon & Yield

What R2903AE is

Fidelis EUR 5% 2029 (R2903AE) is a Romanian government bond issued by Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in EUR, paying a fixed 5% coupon until maturity on Mar 6, 2029. As part of the Fidelis EUR 5% 2029 (R2908AE) family of issues, it shares the same issuer and currency but differs in coupon and maturity.

Key numbers explained

• Price 100.22%: the bond trades just above par, meaning you pay slightly more than the nominal value for each 100 units of face value.
• Coupon 5%: the annual interest paid by the issuer, expressed as a percentage of the bond's face value.
• Estimated yield to maturity 4.9%: the yield to maturity reflects the total return if you buy at the current price and hold to maturity, accounting for the slight premium paid.
• Years to maturity 2.4: roughly 2 years and 5 months remain until the final coupon and principal are repaid on Mar 6, 2029.
• Price change today +0.02%: the intraday move is small, indicating limited trading activity or a stable market for this issue.
• Bond currency EUR: all coupon payments and the principal repayment are made in euros.

What to watch

• Interest rate movements in the euro area, which can affect the market price of fixed-coupon bonds like Fidelis EUR 5% 2029.
• Romania's sovereign credit outlook, as changes in perceived government risk can influence yields on Fidelis retail bonds.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect how easily positions are entered or exited.
• The remaining time to maturity, which shortens as the Mar 6, 2029 date approaches and the bond's price converges toward par.
• Comparisons with peers such as Fidelis EUR 3.9% 2029 (R2907CE) and Fidelis EUR 6.5% 2035 (R3510AE) to understand relative value within the Fidelis bond series.