Fidelis RON 7.95% 2031 (R3107A) Bond — Price, Coupon & Yield

What R3107A is

Fidelis RON 7.95% 2031 (R3107A) 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 coupon of 7.95% and matures on Jul 16, 2031, with 4.8 years remaining to maturity. In the InvestPane bond directory, it sits alongside other Fidelis retail issues such as Fidelis RON 7.55% 2027 (R2712D) and Fidelis RON 7.55% 2036 (R3607A).

Key numbers explained

• Price: 100.81% — the bond trades slightly above par (100), meaning you pay a small premium relative to the nominal amount.
• Coupon: 7.95% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 7.75% — the yield to maturity is the total return you would earn if you bought the bond at the current price and held it to maturity, assuming all coupons are reinvested at the same rate.
• Price change today: -0.56% — the bond's quoted price has fallen by 0.56% on the current trading day.
• Years to maturity: 4.8 — the approximate time left until the issuer repays the nominal value at maturity.
• Bond currency: RON — all cash flows (coupons and principal) are paid in Romanian lei.

What to watch

Bond prices generally move inversely to interest rates, so changes in the monetary policy environment can affect R3107A's quoted price. Credit risk for this issue is tied to the Romanian sovereign, as the issuer is the Ministerul Finantelor. Investors in the Fidelis retail series may compare R3107A with peers such as Fidelis RON 6.85% 2030 (R3007A) or Fidelis RON 6.6% 2030 (R3003C) to understand how coupon and maturity differences shape relative valuations. Liquidity on the BVB and the specific retail investor base for Fidelis bonds can also influence trading costs and price impact.