Fidelis RON 7.8% 2030 (R3005A) Bond — Price, Coupon & Yield

What R3005A is

Fidelis RON 7.8% 2030 (R3005A) 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 7.8% coupon and matures on May 21, 2030, with 3.7 years remaining to maturity. It is part of the broader Fidelis lineup, which includes peers such as Fidelis RON 6.75% 2027 (R2703A), Fidelis RON 6.6% 2028 (R2804C), and Fidelis RON 7.95% 2030 (R3002A).

Key numbers explained

• Price: 100.5% — the bond trades slightly above par (100), meaning you pay a small premium relative to the nominal amount.
• Coupon: 7.8% — 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: 7.64% — the yield to maturity is the total return you would earn if you hold the bond to maturity, assuming all coupons are reinvested at the same rate and the issuer does not default. Because the price is above par, the yield is slightly below the coupon.
• Maturity: May 21, 2030 — the date when the issuer repays the nominal value and the bond ceases to exist.
• Years to maturity: 3.7 — the approximate time left until maturity, which affects the bond's sensitivity to interest-rate changes.
• Price change today: -0.5% — the bond's price moved down by half a percent on the current trading day.

What to watch

• Interest-rate movements in Romania, which can push bond prices up or down.
• Changes in the issuer's credit profile, even though the bond is a government issue.
• The remaining time to maturity, which shortens as the May 21, 2030 date approaches and can affect price volatility.
• The fixed 7.8% coupon stream and how it compares with yields on similar Fidelis RON 7.65% 2029 (R2908C) or Fidelis RON 8.25% 2027 (R2707b) issues.
• The bond's RON denomination, which means returns are tied to the local currency.