Banca Transilvania S.A. 8.875% 2032 (TLV32) Bond — Price, Coupon & Yield

What TLV32 is

Banca Transilvania S.A. 8.875% 2032 (TLV32) is a corporate bond issued by Banca Transilvania S.A. and listed on the Bucharest Stock Exchange (BVB). It pays a fixed coupon of 8.88% per year and is denominated in RON. The bond matures on Jul 3, 2032, meaning the issuer returns the principal on that date. As a corporate bond, it sits in the Corporate sector and is part of the broader Romanian bond market, alongside peers such as Banca Comerciala Romana 5.35% 2026 (BCR26), Banca Transilvania S.A. 9.286% 2033 (TLV33E), and Patria Bank S.A. 6.5% 2027 (PBK27E).

Key numbers explained

• Coupon 8.88%: the annual interest rate the issuer pays, expressed as a percentage of the bond's face value.
• Maturity Jul 3, 2032: the date on which the issuer repays the principal and the bond ceases to exist.
• Market Bucharest Stock Exchange (BVB): the exchange where the bond is listed and traded.
• Bond currency RON: all cash flows (coupon and principal) are paid in Romanian lei.
• Issuer Banca Transilvania S.A.: the corporation that borrows the money and is obligated to pay interest and return principal.
• ISIN XS3109437387: the unique global identifier used to distinguish this bond from others.
• Symbol TLV32: the ticker used on BVB to identify the bond in trading and portfolio systems.
• Type bond / bondType corporate bond: indicates a debt instrument issued by a corporation rather than a government.

Recent news

Recent reporting includes the Raport semestrial S1 2026, the Plata cupon I 2026, and the Raport trim 1 2026, which together cover the first half of 2026 results, the first coupon payment of the year, and the first-quarter update.

What to watch

• Interest rate movements in Romania, which affect the relative attractiveness of fixed coupons.
• Banca Transilvania S.A.'s credit quality and financial results, as reported in its periodic filings.
• Liquidity and trading volume on the Bucharest Stock Exchange (BVB), which can affect execution costs.
• Broader corporate bond market conditions, including spreads compared to peers like CEC Bank SA 5.625% 2029 (CECRO29E) and Raiffeisen Bank S.A. 8.817% 2027 (RBRO27C).