Fidelis EUR 5% 2029 (R2909BE) Bond — Price, Coupon & Yield

What R2909BE is

Fidelis EUR 5% 2029 (R2909BE) is a Romanian government bond issued by Ministerul Finantelor under the Fidelis retail programme. It trades on the Bucharest Stock Exchange (BVB) and is denominated in EUR. The bond pays a fixed 5% coupon and matures on Sep 16, 2029, with 3 years remaining as of today. It is part of the broader Fidelis family of retail bonds, which includes peers such as Fidelis EUR 6.5% 2032 (R3206AE) and Fidelis EUR 4.75% 2031 (R3101AE).

Key numbers explained

• Price: 100% — the bond is quoted at par, meaning its market price equals its nominal (face) value.
• Coupon: 5% — the annual interest payment is 5% of the nominal value, paid in EUR.
• Estimated yield to maturity if bought at the current price: 5% — the yield to maturity is the total return expected 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 16, 2029 — the date when the issuer repays the nominal amount and the bond ceases to exist.
• Years to maturity: 3 — the remaining time until the maturity date, which influences the bond's sensitivity to interest-rate changes.
• Price change today: -0.98% — the bond's price has fallen by 0.98% on the current trading session.
• Bond currency: EUR — all cash flows (coupon and principal) are received in euros.

What to watch

• Interest-rate movements in the euro area, which can push bond prices up or down.
• Romania's fiscal and debt-management decisions, which affect the perceived credit quality of government bonds.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• The overall yield environment for European government bonds, which sets a benchmark for pricing.
• The availability of other Fidelis retail bonds, such as Fidelis RON 7.5% 2036 (R3608A) or Fidelis EUR 6% 2036 (R3602AE), for comparison.