Fidelis RON 7.6% 2030 (R3004A) Bond — Price, Coupon & Yield

What R3004A is

Fidelis RON 7.6% 2030 (R3004A) 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 7.6% coupon and matures on Apr 16, 2030, with 3.6 years remaining as of today. It is part of the broader Fidelis family of retail bonds, which includes peers such as Fidelis RON 7.7% 2029 (R2906A) and Fidelis RON 7.1% 2030 (R3001A).

Key numbers explained

• Price: 100.2% — the bond trades just above par, meaning you pay slightly more than the face value for each unit.
• 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: 7.54% — the yield to maturity reflects the total return you would earn if you hold the bond to maturity and reinvest coupons at the same rate, adjusted for the slight premium paid.
• Maturity: Apr 16, 2030 — the date when the issuer repays the nominal value and the final coupon is paid.
• Years to maturity: 3.6 — the approximate time remaining until the bond reaches its maturity date.
• Price change today: 0% — the bond's market price has not moved today relative to the previous close.

What to watch

• Interest rate movements in Romania, which can affect the market price of fixed-coupon bonds like R3004A.
• The issuer's funding conditions and broader fiscal policy, as these influence the perceived credit quality of government bonds.
• The yield environment for comparable Fidelis retail bonds, such as Fidelis RON 7.7% 2029 (R2906A) or Fidelis EUR 5% 2029 (R2904AE), which can provide context for relative value.
• Inflation expectations, since real returns on fixed-rate bonds are sensitive to changes in purchasing power.
• Liquidity conditions on the Bucharest Stock Exchange (BVB), which can affect the ease of buying or selling the bond.