Fidelis RON 7.1% 2030 (R3004C) Bond — Price, Coupon & Yield

What R3004C is

Fidelis RON 7.1% 2030 (R3004C) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail series and is denominated in RON. The bond pays a fixed 7.1% coupon and matures on Apr 24, 2030, with 3.6 years remaining to maturity. It is part of the broader Fidelis retail bond lineup, which also includes Fidelis RON 7.6% 2029 (R2909A) and Fidelis RON 7.35% 2029 (R2911A), offering investors a range of maturities and coupons in the same currency.

Key numbers explained

• Price: 99% — the bond trades at 99% of its face value, meaning you pay slightly less than the nominal amount.
• Coupon: 7.1% — 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: 7.42% — the yield to maturity reflects the total return you would earn if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and no default occurs.
• Years to maturity: 3.6 — the approximate time left until the issuer repays the nominal value on Apr 24, 2030.
• Price change today: -0.5% — the bond’s price moved down by half a percent on the current trading day.
• Bond type: Romanian government bond (Fidelis retail issue) — a retail-oriented sovereign bond, which typically carries lower credit risk than corporate bonds.

What to watch

Bond prices move inversely to interest rates, so rising rates can push prices lower and vice versa. The remaining 3.6 years to maturity mean the bond’s price is still somewhat sensitive to rate changes, though less so than longer-dated peers such as Fidelis EUR 6.5% 2035 (R3508AE). Credit risk is tied to the issuer, Ministerul Finantelor, and to Romania’s fiscal outlook. Currency risk is relevant for investors holding non-RON portfolios, since the bond pays coupons and returns in RON. Liquidity can vary on the Bucharest Stock Exchange (BVB), so execution speed and bid–ask spreads may differ from more actively traded instruments. For a wider view of available options, see the Bonds directory.