Fidelis EUR 6.2% 2036 (R3607AE) Bond — Price, Coupon & Yield

What R3607AE is

Fidelis EUR 6.2% 2036 (R3607AE) 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. The bond pays a fixed 6.2% coupon and matures on Jul 15, 2036, with 9.8 years remaining until maturity. It is part of the broader Fidelis family, which includes peers such as Fidelis EUR 6.2% 2035 (R3512AE) and Fidelis EUR 6.25% 2036 (R3605AE).

Key numbers explained

• Price 99.07%: the bond trades slightly below its nominal (face) value, meaning you pay less than the amount you will receive at maturity.
• Coupon 6.2%: the annual interest rate paid by the issuer, expressed as a percentage of the nominal value.
• Estimated yield to maturity 6.32%: the yield to maturity is the total return you would earn if you bought the bond today at 99.07%, held it to maturity, and reinvested all coupons at the same rate.
• Price change today -0.17%: the bond’s price moved down slightly on the current trading day.
• Years to maturity 9.8: the time left until the issuer repays the nominal value on 15 iul. 2036.
• Bond currency EUR: all coupon payments and the final redemption are made 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 R3607AE’s market price. Credit developments related to the Romanian government, inflation trends, and broader EUR interest rate movements are also relevant. Liquidity on the BVB and trading volume in the Fidelis series can affect how easily the bond is bought or sold. For comparison, investors often look at other Fidelis issues such as Fidelis RON 7.5% 2028 (R2803A) or Fidelis RON 7.2% 2027 (R2708a).