Fidelis EUR 5% 2030 (R3011AE) Bond — Price, Coupon & Yield

What R3011AE is

Fidelis EUR 5% 2030 (R3011AE) 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 EUR. The bond pays a fixed 5% coupon and matures on Nov 19, 2030, with 4.2 years remaining to maturity. It is part of the broader Fidelis family of government bonds, which also includes peers such as Fidelis EUR 3.6% 2027 (R2704AE) and Fidelis EUR 5.45% 2028 (R2808AE).

Key numbers explained

• Price: 98.5% — the bond trades at 98.5% of its face value, meaning it is priced below par.
• Price change today: -0.51% — the market price has moved down by 0.51% on the current trading day.
• Coupon: 5% — the annual interest rate paid by the issuer, expressed as a percentage of the bond's face value.
• Estimated yield to maturity: 5.4% — the yield to maturity is the total return an investor would earn if the bond is held to maturity, assuming all coupons are reinvested at the same rate; it is higher than the coupon because the bond was bought at a discount.
• Maturity: Nov 19, 2030 — the date when the issuer repays the face value and the final coupon is paid.
• Years to maturity: 4.2 — the approximate time remaining until the bond reaches its maturity date.
• Bond currency: EUR — all cash flows (coupons and principal) are paid in euros.

What to watch

• Interest rate movements — when market rates rise, existing bond prices typically fall, and vice versa; this affects the market price of R3011AE.
• Issuer credit quality — as a government bond, the credit risk is tied to the issuing authority's fiscal position and policy decisions.
• Currency exposure — because the bond is denominated in EUR, investors should be aware of EUR-related currency considerations relative to their home currency.
• Time to maturity — as the bond approaches its Nov 19, 2030 maturity, its price dynamics and sensitivity to rate changes will evolve.
• Peer comparisons — investors often compare this bond with others in the Fidelis series, such as Fidelis RON 5.8% 2027 (B2707A) or Fidelis RON 6.9% 2030 (R3008A), to understand relative yields and risk profiles.