Fidelis EUR 5% 2029 (R2910AE) Bond — Price, Coupon & Yield

What R2910AE is

Fidelis EUR 5% 2029 (R2910AE) is a Romanian government bond issued by the 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 Oct 16, 2029, with 3.1 years remaining. As a government bond, it is generally viewed as a lower-risk instrument compared with corporate debt, and it sits in the Government (Fidelis) sector. Investors looking for a similar EUR government exposure may also consider the Fidelis EUR 5.8% 2028 (R2804AE), while those interested in RON-denominated alternatives can explore the Fidelis RON 7.6% 2029 (R2912A).

Key numbers explained

• Price: 99.5% — the bond trades at a slight discount to its face value, meaning you pay slightly less than the amount you will receive at maturity.
• Coupon: 5% — the annual interest rate paid by the issuer, expressed as a percentage of the bond's face value.
• Estimated yield to maturity: 5.18% — the yield to maturity is the total return you would earn if you bought the bond today at 99.5% and held it to maturity, assuming all coupons are reinvested at the same rate.
• Price change today: -0.27% — the bond's price has moved down by 0.27% on the current trading day.
• Years to maturity: 3.1 — the approximate time left until the issuer repays the face value on Oct 16, 2029.
• Bond currency: EUR — all coupon payments and the final redemption are made in euros.

What to watch

Bond prices generally move inversely to interest rates, so changes in the ECB policy rate or inflation expectations can affect R2910AE's price. Credit risk is tied to the issuer's ability to meet payments; as a government bond, this risk is linked to Romania's fiscal position and sovereign ratings. Liquidity on the BVB can vary, meaning the bid–ask spread may widen during periods of lower trading activity. For a broader view of the bond universe, see the Bonds directory.