Fidelis EUR 5% 2031 (R3105AE) Bond — Price, Coupon & Yield

What R3105AE is

Fidelis EUR 5% 2031 (R3105AE) is a Romanian government bond issued by Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a retail Fidelis issue denominated in EUR with a fixed 5% coupon and a maturity date of May 20, 2031. As a government bond, it is part of the sovereign debt issued by Romania, and it sits alongside other Fidelis retail bonds such as Fidelis EUR 1.6% 2026 (R2610AE) and Fidelis RON 7.6% 2028 (R2804B).

Key numbers explained

• Price: 97.2% — the bond trades at 97.2% of its face value, meaning you pay less than the nominal amount.
• Price change today: -1.11% — the price has fallen by 1.11% on the current trading day.
• Coupon: 5% — the annual interest paid is 5% of the nominal value, expressed in EUR.
• Estimated yield to maturity if bought at the current price: 5.68% — the yield to maturity is the total return you would earn if you hold the bond until May 20, 2031, assuming all coupons are reinvested at the same rate.
• Years to maturity: 4.7 — roughly 4 years and 8 months remain until the issuer repays the nominal value.
• Maturity: May 20, 2031 — the date when the issuer returns the nominal amount and the bond ceases to exist.
• Bond currency: EUR — all coupon payments and the final redemption are made in euros.

What to watch

• Interest rate movements in the euro area can affect the bond's price, as fixed-coupon bonds become less attractive when market rates rise.
• Romania's sovereign credit outlook and fiscal policy decisions can influence the demand for government paper like R3105AE.
• The bond's price can move daily on the BVB, so the -1.11% change reflects short-term trading activity rather than a change in the contractual coupon.
• Investors comparing Fidelis retail bonds may look at peers such as Fidelis RON 7.2% 2027 (R2709A) or Fidelis RON 7.9% 2031 (R3108A) for context on yields and terms.
• The bond's EUR denomination means currency risk is limited for euro-based investors, but exchange-rate fluctuations can matter for those holding other currencies.