Fidelis RON 7.6% 2029 (R2909A) Bond — Price, Coupon & Yield

What R2909A is

Fidelis RON 7.6% 2029 (R2909A) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail bond series and is denominated in RON. In the context of the broader Bonds directory, R2909A sits alongside other retail government issues such as the Fidelis RON 6.9% 2030 (R3008A) and the Fidelis RON 7.6% 2030 (R3004A), which share the same issuer and currency but differ in maturity and coupon.

Key numbers explained

• Price: 100% — The bond is trading at par, meaning its market price equals its face value; investors pay 100 RON for each 100 RON nominal.
• Coupon: 7.6% — 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: 7.6% — 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: Sep 17, 2029 — The date when the issuer repays the final coupon and the nominal value; there are 3 years remaining until maturity.
• Price change today: -2.34% — The intraday percentage move in the bond’s market price, reflecting short-term supply and demand dynamics.
• Bond type: Romanian government bond (Fidelis retail issue) — A retail-oriented sovereign debt instrument, meaning it is issued for individual investors rather than institutional placement only.

What to watch

• Interest rate movements in RON, which can push the bond’s market price away from par.
• Romania’s fiscal policy and sovereign credit developments, which influence the perceived risk of government paper.
• Liquidity and trading volume on the BVB, which can affect how easily positions are entered or exited.
• The relationship between R2909A and its peers, such as the Fidelis EUR 5% 2029 (R2903AE) or the Fidelis EUR 4.25% 2029 (R2904CE), when comparing across currencies.
• The remaining time to maturity, which shortens as the Sep 17, 2029 date approaches and the bond’s cash flows become more certain.