Fidelis RON 7.6% 2029 (R2912A) Bond — Price, Coupon & Yield

What R2912A is

Fidelis RON 7.6% 2029 (R2912A) is a Romanian government bond issued by the Romanian Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue, meaning it is part of the same family of government bonds as Fidelis RON 7.4% 2028 (R2805A) and Fidelis RON 7.65% 2028 (R2802A), but with a later maturity and a higher coupon. The bond is denominated in RON and pays a fixed coupon until maturity.

Key numbers explained

• Price: 100% — the bond is trading at par, meaning its market price equals its face value.
• Coupon: 7.6% — the annual interest rate paid by the issuer, expressed as a percentage of the face 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: Dec 23, 2029 — the date when the issuer repays the face value and the bond ceases to exist.
• Years to maturity: 3.2 — the remaining time until maturity, which influences the bond's sensitivity to interest-rate changes.
• Price change today: -0.35% — the intraday move in the bond's price relative to the previous close.

What to watch

Bond prices generally move inversely to interest rates, so changes in the monetary-policy outlook can affect R2912A's price. Credit developments related to the Romanian government, inflation expectations, and liquidity conditions on the Bucharest Stock Exchange (BVB) are also relevant. Because R2912A is a retail Fidelis bond, it can be compared with peers such as Fidelis RON 8.25% 2027 (R2707B) or Fidelis RON 7.25% 2032 (R3202A) to understand how its coupon and maturity fit within the broader segment.