Fidelis EUR 5% 2029 (R2908BE) Bond — Price, Coupon & Yield

What R2908BE is

Fidelis EUR 5% 2029 (R2908BE) 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, making it one of the local-currency-government bonds available to investors who want exposure to Romania in a euro-denominated format. Within the InvestPane bond universe, it sits alongside other Fidelis retail issues such as Fidelis EUR 6.2% 2036 (R3607AE), Fidelis EUR 6.2% 2035 (R3512AE), and Fidelis EUR 6.25% 2032 (R3205AE), which differ mainly in coupon and maturity.

Key numbers explained

• Price: 100% — the bond trades at par, meaning its market price equals its face value; a price above 100% would indicate a premium, and below 100% a discount.
• Coupon: 5% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity if bought at the current price: 5% — the yield to maturity is the total return an investor would earn if the bond is held to maturity and all coupons are reinvested at the same rate; here it matches the coupon because the price is at par.
• Maturity: Aug 19, 2029 — the date on which the issuer repays the final coupon and the principal; this bond has yearsToMaturity: 2.9 remaining.
• Price change today: +0.3% — the intraday move in the bond's price, showing modest upward trading activity for the session.
• Sector: Government (Fidelis) — the bond is a sovereign retail issue, typically offering lower risk than corporate bonds but also lower potential upside.

What to watch

• Interest rate movements in the Eurozone and Romania can shift the bond's price relative to its face value.
• Romania's fiscal policy and credit outlook may affect the perceived risk of government paper, including Fidelis retail issues.
• Liquidity on the Bucharest Stock Exchange (BVB) can vary, which may affect execution costs for larger positions.
• Comparing the 5% coupon and estimated yield to maturity with peers such as Fidelis RON 6.3% 2028 (R2809A) or Fidelis RON 3.65% 2031 (B3109A) helps frame the return profile in context.