Fidelis EUR 5.8% 2036 (R3606AE) Bond — Price, Coupon & Yield

What R3606AE is

Fidelis EUR 5.8% 2036 (R3606AE) is a Romanian government bond issued by the 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 5.8% and a maturity date of Jun 25, 2036. As a sovereign bond, it is part of the Fidelis EUR 5% 2029 (R2903AE) family of issues and sits alongside peers such as Fidelis EUR 5.25% 2030 (R3009AE) and Fidelis EUR 4.1% 2027 (R2709BE) in the broader Fidelis retail bond programme.

Key numbers explained

• Price: 97.25% — the bond trades at a discount to its face value; for every €100 nominal, you pay €97.25.
• Coupon: 5.8% — the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity: 6.17% — the yield to maturity is the total return you would earn if you bought the bond today at 97.25% and held it to Jun 25, 2036, assuming all coupons are reinvested at the same rate.
• Years to maturity: 9.8 — roughly the remaining time until the issuer repays the principal, which affects the bond's sensitivity to interest-rate changes.
• Price change today: -0.56% — the intraday move in the bond's quoted price, showing the short-term market fluctuation.
• Bond currency: EUR — all cash flows (coupons and principal) are in euros, which matters for investors comparing returns across currencies.

What to watch

• Interest-rate movements in the euro area, which typically push bond prices in the opposite direction.
• Romania's sovereign credit developments and fiscal announcements from the Ministerul Finantelor.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• The proximity to maturity, as the bond's price will generally converge toward 100% face value as Jun 25, 2036 approaches, all else equal.