Fidelis EUR 6.5% 2035 (R3509AE) Bond — Price, Coupon & Yield

What R3509AE is

Fidelis EUR 6.5% 2035 (R3509AE) is a Romanian government bond issued by the Romanian Ministry of Finance (Ministerul Finantelor) and listed on the Bucharest Stock Exchange (BVB). It is a retail-oriented Fidelis issue denominated in EUR, with a fixed coupon of 6.5% and a maturity date of Sep 17, 2035, leaving approximately 9 years to maturity. The bond is part of the broader Fidelis family of retail government bonds, which also includes instruments such as Fidelis RON 7.9% 2027 (R2712B) and Fidelis RON 7.65% 2029 (R2908C).

Key numbers explained

• Price: 100.62% — the bond trades slightly above its nominal (par) value of 100, meaning investors pay a small premium.
• Price change today: -0.05% — the price has moved down marginally on the current trading session.
• Coupon: 6.5% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity if bought at the current price: 6.41% — the yield to maturity is the total return an investor would earn if the bond is held to maturity, assuming all coupons are reinvested at the same rate; because the price is above par, the yield is slightly below the coupon rate.
• Maturity: Sep 17, 2035 — the date when the issuer repays the nominal value and the final coupon.
• Years to maturity: 9 — the approximate time remaining until the bond reaches its maturity date.
• Bond currency: EUR — all cash flows (coupons and principal) are denominated in euros.

What to watch

Bond prices generally move inversely to interest rates, so changes in the ECB policy rate or Romanian monetary conditions can affect the price of Fidelis EUR 6.5% 2035 (R3509AE). Credit developments related to the Romanian government, inflation expectations, and broader EUR market liquidity are also relevant factors. For investors comparing options, the Fidelis retail bond family includes alternatives such as Fidelis EUR 5.8% 2028 (R2804AE) and Fidelis EUR 3.9% 2027 (R2706AE), which have different coupons and maturities. The full list of available bonds can be found in the Bonds directory.