Fidelis RON 7% 2029 (R2910A) Bond — Price, Coupon & Yield

What R2910A is

Fidelis RON 7% 2029 (R2910A) 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. The bond pays a fixed 7% coupon and matures on Oct 16, 2029, with 3.1 years remaining to maturity. It is part of the broader Fidelis family of retail bonds, which also includes Fidelis RON 6.9% 2028 (R2803B) and Fidelis RON 7.25% 2027 (R2707C).

Key numbers explained

• Price 99.7%: the bond trades just below par, meaning you pay slightly less than the face value for each unit.
• Coupon 7%: the annual interest paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 7.11%: the yield to maturity reflects the total return if you buy at the current price and hold to maturity, accounting for the slight discount.
• Maturity Oct 16, 2029: the date when the issuer repays the nominal value and the final coupon.
• Years to maturity 3.1: the time remaining until maturity, used to gauge interest-rate sensitivity.
• Price change today +0.5%: the intraday move in the bond's quoted price.

What to watch

Bond prices generally move inversely to interest rates, so shifts in the monetary policy environment can affect R2910A's valuation. Credit developments related to the issuer, Ministerul Finantelor, and broader fiscal policy are also relevant. Liquidity conditions on the Bucharest Stock Exchange (BVB) and the overall demand for Romanian government paper can influence trading volume and price stability. For comparison with other retail bonds, see the Bonds directory.