Fidelis RON 7.9% 2031 (R3109A) Bond — Price, Coupon & Yield

What R3109A is

Fidelis RON 7.9% 2031 (R3109A) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It belongs to the Fidelis retail series and pays a fixed coupon of 7.9% until maturity on Sep 17, 2031. As a local-currency government bond, it is used by investors for income and as a lower-risk component of a diversified portfolio. It can be compared with peers such as Fidelis RON 7.2% 2027 (R2710A), Fidelis RON 7.1% 2032 (R3203A), and Fidelis RON 7.95% 2031 (R3107A).

Key numbers explained

• Price: 101.2% — the bond trades slightly above par, meaning you pay 101.2 RON for every 100 RON of face value.
• Coupon: 7.9% — the annual interest rate paid by the issuer, expressed as a percentage of face value.
• Estimated yield to maturity: 7.61% — the yield to maturity reflects the total return if you buy at the current price and hold to maturity, accounting for the slight premium.
• Maturity: Sep 17, 2031 — the date when the issuer repays the face value and the bond ceases to exist.
• Years to maturity: 5 — the approximate time remaining until Sep 17, 2031, which places this bond in the medium-term segment of the Fidelis curve.
• Price change today: +0.17% — the intraday move in the bond's quoted price, showing modest upward trading activity.
• Bond currency: RON — all cash flows (coupon and principal) are denominated in Romanian lei.

What to watch

• Interest rate movements in Romania, which can push the quoted price up or down.
• Sovereign credit developments affecting government bonds like this Fidelis issue.
• Inflation expectations, since they influence real returns on fixed coupon payments.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• Comparisons with similar maturities such as Fidelis RON 7.2% 2027 (R2709A) or Fidelis RON 7.5% 2032 (R3201A) to understand relative value within the series.