Fidelis EUR 6.8% 2036 (R3606BE) Bond — Price, Coupon & Yield

What R3606BE is

Fidelis EUR 6.8% 2036 (R3606BE) is a Romanian government bond issued by the Ministerul Finantelor and listed on the Bucharest Stock Exchange (BVB). It is a Fidelis retail issue, meaning it was offered to individual investors, and it is denominated in EUR. The bond pays a fixed 6.8% coupon and matures on Jun 25, 2036, with 9.8 years remaining until maturity. In the InvestPane bonds directory, it sits alongside other Fidelis retail issues such as Fidelis EUR 6% 2032 (R3203AE) and Fidelis EUR 6.2% 2036 (R3607AE), which can be useful for comparing similar euro-denominated Romanian government bonds.

Key numbers explained

• Price: 102.88% — the bond trades at a slight premium to its face value, meaning you pay 102.88 for every 100 of nominal value.
• Coupon: 6.8% — 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 you would earn if you bought the bond today at 102.88% and held it to maturity, assuming all coupons are reinvested at the same rate.
• Price change today: -0.09% — the bond’s price moved down by 0.09% on the current trading day.
• Maturity: Jun 25, 2036 — the date when the issuer repays the final coupon and the nominal value.
• Years to maturity: 9.8 — the approximate time left until the bond reaches its maturity date.
• Bond currency: EUR — all cash flows (coupons and principal) are paid in euros.

What to watch

Bond prices generally move inversely to interest rates, so rising rates can push the price of R3606BE lower. Because it is a long-dated government bond with 9.8 years to maturity, its price can be more sensitive to rate changes than shorter-term bonds. Credit risk is tied to the issuer, Ministerul Finantelor, and to Romania’s sovereign credit profile. Investors often compare this bond with peers like Fidelis RON 7.1% 2030 (R3004C) or Fidelis RON 7% 2029 (R2908a) to understand how currency and coupon differences affect relative value. Liquidity on the Bucharest Stock Exchange (BVB) can vary, which may affect the ease of buying or selling at the quoted price.