Fidelis EUR 6.5% 2032 (R3206AE) Bond — Price, Coupon & Yield

What R3206AE is

Fidelis EUR 6.5% 2032 (R3206AE) 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. As a fixed-income instrument, it pays a set coupon each year until maturity, when the issuer returns the principal. It is part of the broader Fidelis family of retail bonds, which includes peers such as Fidelis EUR 6.2% 2036 (R3607AE) and Fidelis EUR 6% 2032 (R3204AE).

Key numbers explained

• Price: 100.3% — the bond trades just above par, meaning you pay slightly more than the nominal value for each unit.
• Coupon: 6.5% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 6.44% — the yield to maturity is the total annual 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.
• Maturity: Jun 19, 2032 — the date when the issuer repays the principal and the bond ceases to exist.
• Years to maturity: 5.7 — the remaining time until maturity, which affects the bond's sensitivity to interest-rate changes.
• Price change today: -0.2% — the intraday move in the bond's quoted price.

What to watch

Bond prices generally move inversely to interest rates, so shifts in the rate environment can affect the quoted price of R3206AE. Credit developments related to the Romanian government and broader euro-area monetary policy are also relevant factors. Investors often compare this bond with other Fidelis retail issues, such as Fidelis RON 6.45% 2028 (R2801A) or Fidelis RON 7.65% 2028 (R2802A), to understand relative value across currencies and maturities. For a full list of available bonds, see the Bonds directory.