{"id":10550,"date":"2026-06-10T07:00:59","date_gmt":"2026-06-10T07:00:59","guid":{"rendered":"https:\/\/ofero.news\/?p=10550"},"modified":"2026-06-10T07:00:59","modified_gmt":"2026-06-10T07:00:59","slug":"romania-cuts-coupons-on-retail-government-bonds-but-adds-10-year-maturity-for-local-currency","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=10550","title":{"rendered":"Romania cuts coupons on retail government bonds, but adds 10-year maturity for local currency"},"content":{"rendered":"<p>Romania\u2019s Treasury has cut here and there the coupons attached to the Fidelis government bonds listed at Bucharest Exchange, while adding a new maturity (10 years) for the local currency papers \u2013 with a 7.6% coupon, <a href=\"https:\/\/www.zf.ro\/burse-fonduri-mutuale\/o-noua-editie-fidelis-in-iunie-ministerul-finantelor-introduce-doua-23170777?mc_cid=e9ee1e78a6&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Ziarul Financiar<\/a> reported. Previously, the longest maturity for the local currency bonds was 6 years, with a 7.5% coupon in May.<\/p>\n<p>While the households showed less enthusiasm with the May Fidelis issue, the volumes collected by the Treasury this month will depend on the investors\u2019 expectations, which are deteriorating. The yield-to-maturity (YTM) for the R2805 bonds with a residual maturity of nearly two years was 7.7% on June 9 \u2013 compared to 6.35% coupon attached by the Treasury for the new issues.<\/p>\n<p>Speaking of the foreign currency bonds, preferred by the investors recently after the perceived exchange rate stability deteriorated amid political turmoil, the coupon for the 10-year maturity was cut to 5.8% from 6.25% in May and 6.4% in April. The 3-year bonds will bring 4.0% per year, the same as in May. The coupon for the 5-year maturity also decreased, but by a smaller amount, to 4.85% from 5.00% in May.<\/p>\n<p>The coupon for the 2-year local currency bonds dropped to 6.35% from 6.40% in May, while that for the 4-year maturity also shrank to 6.9% from 7.0%.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Facebook\/Bursa de Valori Bucuresti)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania\u2019s Treasury has cut here and there the coupons attached to the Fidelis government bonds listed at Bucharest Exchange, while adding a new maturity (10 years) for the local currency papers \u2013 with a 7.6% coupon, Ziarul Financiar reported. Previously, the longest maturity for the local currency bonds was 6 years, with a 7.5% coupon [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10550","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10550"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10550\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}