Fidelis RON 7.25% 2032 (R3202A) Bond — Price, Coupon & Yield

What R3202A is

Fidelis RON 7.25% 2032 (R3202A) 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. In the InvestPane bonds directory, it sits alongside peers such as Fidelis RON 7.95% 2031 (R3106A), Fidelis RON 7.5% 2032 (R3205A), and Fidelis EUR 5.45% 2028 (R2808AE), which can help you compare coupons, currencies, and maturities.

Key numbers explained

• Price 98.11%: the bond trades at a slight discount to its face value, meaning you pay less than the nominal amount.
• Coupon 7.25%: the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 7.67%: the yield to maturity reflects the total return you would earn if you bought the bond today at 98.11% and held it to 18 feb. 2032, assuming all coupons are reinvested at the same rate.
• Maturity 18 feb. 2032: the date when the issuer repays the nominal value and the bond ceases to exist.
• Years to maturity 5.4: the approximate time remaining until maturity, used to gauge interest-rate sensitivity.
• Price change today +0.01%: the intraday move, showing a modest upward tick.

What to watch

Bond prices generally move inversely to interest rates, so shifts in the monetary-policy outlook can affect R3202A’s market price. Credit developments related to the Romanian sovereign, liquidity conditions on the Bucharest Stock Exchange (BVB), and the RON exchange rate versus other currencies (such as EUR) are also relevant. Because the bond pays a fixed coupon, its income stream is known, but the real purchasing power of those payments can be influenced by inflation. For a broader view, you can explore the full Bonds directory to see how R3202A compares with other issues.