Fidelis RON 7% 2030 (R3005C) Bond — Price, Coupon & Yield

What R3005C is

Fidelis RON 7% 2030 (R3005C) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue, meaning it is part of a series designed for individual investors rather than institutional placement. The bond pays a fixed 7% coupon and is denominated in RON, with a maturity date of May 20, 2030. As a government bond, it is generally considered a lower-risk instrument within the Romanian market, though it still carries interest-rate and inflation risk. It sits alongside other Fidelis retail bonds such as Fidelis RON 6.95% 2027 (R2711A) and Fidelis RON 6.9% 2030 (R3006a), which investors may compare when building a fixed-income allocation.

Key numbers explained

• Price: 98.2% — the bond trades at a discount to its face value, meaning you can buy it for less than the amount you will receive at maturity.
• Coupon: 7% — the annual interest payment is 7% of the bond's face value, paid out in RON.
• Estimated yield to maturity if bought at the current price: 7.56% — this yield to maturity reflects the total return you would earn if you hold the bond to maturity, assuming you buy it at the current 98.2% price and reinvest coupons at the same rate.
• Maturity: May 20, 2030 — the date when the issuer repays the face value; the bond has 3.7 years remaining.
• Price change today: -1.31% — the bond's market price has fallen by 1.31% on the current trading day.
• Issuer: Ministerul Finantelor — the Romanian Ministry of Finance backs the bond with the full faith and credit of the state.

What to watch

• Interest-rate movements in Romania: when rates rise, existing bond prices tend to fall, and vice versa.
• Inflation expectations in RON, which can erode the real return of a fixed coupon.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect how easily the bond is bought or sold.
• Credit developments related to the Romanian sovereign, which influence the perceived safety of all government bonds.
• Comparisons with peer Fidelis retail bonds such as Fidelis RON 7.15% 2028 (R2802b) and Fidelis EUR 6.5% 2032 (R3206ae) for relative value context.