Romanian Government Bond Yields (RON)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/ron-government
Romanian Government Bond Yields (RON) as of 2026-10-26: 10Y at 7.42%, fitted curve 1M–10Y (6.64%–7.42%), 88 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 6.64% | — |
| 3M | 6.71% | 6.74% |
| 6M | 6.80% | 6.90% |
| 9M | 6.90% | 7.08% |
| 12M | 6.98% | 7.24% |
| 18M | 7.12% | 7.49% |
| 2Y | 7.23% | 7.49% |
| 3Y | 7.35% | 7.61% |
| 4Y | 7.39% | 7.56% |
| 5Y | 7.41% | 7.50% |
| 6Y | 7.42% | 7.46% |
| 7Y | 7.42% | 7.44% |
| 8Y | 7.42% | 7.43% |
| 10Y | 7.42% | 7.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 7.23% and the 10-year 7.42%, a 10Y−2Y spread of +20 bp — positively sloped — as of 2026-10-26. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 |
|---|---|---|---|---|---|
| 2Y | 7.23% | 7.44% | 7.14% | 7.29% | 7.53% |
| 10Y | 7.42% | 7.57% | 7.05% | 7.08% | 7.34% |
| 10Y − 2Y | +20 bp | +12 bp | -9 bp | -22 bp | -19 bp |
Bonds in this curve
A selection of 30 of the 88 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Romania | 5.70% | 2026-12-20 | 7.25% | ROS2QW8ADYI0 |
| Romania | 6.52% | 2027-03-06 | 6.75% | ROFO4YBT7LL8 |
| Romania | 6.10% | 2027-04-22 | 6.85% | ROFM5R7FQWV5 |
| Romania | 6.63% | 2027-06-19 | 8.35% | ROFIH9DER1W7 |
| Romania | 6.93% | 2027-06-19 | 7.35% | ROROPQC7AIC0 |
| Romania | 6.99% | 2027-07-16 | 7.25% | ROT6O538BBB8 |
| Romania | 6.98% | 2027-09-17 | 8.20% | RO4UOH6AFY33 |
| Romania | 7.05% | 2027-09-17 | 7.20% | ROP6PWH0TFR8 |
| Romania | 7.01% | 2027-10-22 | 8.20% | ROAFKL8W9QE5 |
| Romania | 7.40% | 2028-01-28 | 7.45% | RO5D5RX35QO7 |
| Romania | 6.33% | 2028-01-28 | 6.45% | ROO8YDZCQZZ6 |
| Romania | 7.00% | 2028-02-18 | 6.15% | RODRALLRBIX3 |
| Romania | 6.38% | 2028-10-30 | 8.75% | ROZBOC49U096 |
| Romania | 6.41% | 2029-02-12 | 5.00% | ROVRZSEM43E4 |
| Romania | 6.47% | 2029-04-25 | 6.30% | ROJVM8ELBDU4 |
| Romania | 7.03% | 2029-06-19 | 7.70% | RO3OR8IVDER8 |
| Romania | 7.12% | 2029-07-16 | 7.70% | RO74XVFGHRJ5 |
| Romania | 6.44% | 2029-07-25 | 4.85% | RO3B41D8EX14 |
| Romania | 6.71% | 2030-04-29 | 8.00% | ROXL7LT7QZ66 |
| Romania | 7.55% | 2030-05-21 | 7.80% | ROIPAFWLMG14 |
| Romania | 6.54% | 2030-10-24 | 4.15% | ROINPAL298G4 |
| Romania | 6.84% | 2031-04-28 | 7.35% | RO1JS63DR5A5 |
| Romania | 7.57% | 2031-06-19 | 7.95% | ROPD86K9RDH1 |
| Romania | 7.49% | 2032-05-20 | 7.50% | RO24GY7S0U54 |
| Romania | 6.90% | 2032-09-29 | 8.25% | RO52CQA3C829 |
| Romania | 6.95% | 2033-10-30 | 7.20% | ROWLVEJ2A207 |
| Romania | 7.02% | 2034-07-31 | 7.10% | ROTM7EDD92S2 |
| Romania | 6.90% | 2034-10-11 | 4.75% | RO4KELYFLVK4 |
| Romania | 6.98% | 2036-04-28 | 4.25% | RO1J9H39WKT4 |
| Romania | 7.52% | 2036-06-25 | 7.60% | RORO6Q9NZBU3 |