Romanian Government Bond Yields (RON)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/ron-government-romania-romania
Romanian Government Bond Yields (RON) as of 2026-09-11: 10Y at 7.44%, fitted curve 3M–10Y (6.68%–7.44%), 69 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 6.68% | — |
| 9M | 6.87% | 7.19% |
| 12M | 6.96% | 7.27% |
| 18M | 7.10% | 7.55% |
| 2Y | 7.21% | 7.71% |
| 3Y | 7.34% | 7.78% |
| 4Y | 7.40% | 7.74% |
| 5Y | 7.42% | 7.68% |
| 6Y | 7.43% | 7.63% |
| 7Y | 7.44% | 7.60% |
| 8Y | 7.44% | 7.59% |
| 10Y | 7.44% | 7.58% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 7.21% and the 10-year 7.44%, a 10Y−2Y spread of +23 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 7.21% | 7.10% | 7.56% | 6.61% | 6.56% | 6.58% | 6.37% |
| 10Y | 7.44% | 7.00% | 7.25% | 7.11% | 7.00% | 6.94% | 6.58% |
| 10Y − 2Y | +23 bp | -10 bp | -31 bp | +50 bp | +44 bp | +36 bp | +21 bp |
Bonds in this curve
A selection of 30 of the 69 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Romania | 6.64% | 2026-12-20 | 7.25% | ROS2QW8ADYI0 |
| Romania | 6.83% | 2027-06-19 | 8.35% | ROFIH9DER1W7 |
| Romania | 7.03% | 2027-06-19 | 7.35% | ROROPQC7AIC0 |
| Romania | 7.03% | 2027-07-03 | 6.85% | ROW93W0GN3L9 |
| Romania | 6.85% | 2027-08-13 | 7.20% | ROBB6AOJEMD9 |
| Romania | 7.11% | 2027-08-13 | 8.20% | ROYUO8Z4NFO2 |
| Romania | 6.99% | 2027-09-17 | 8.20% | RO4UOH6AFY33 |
| Romania | 7.36% | 2028-01-28 | 7.45% | RO5D5RX35QO7 |
| Romania | 6.91% | 2028-01-28 | 6.45% | ROO8YDZCQZZ6 |
| Romania | 7.26% | 2028-02-18 | 6.15% | RODRALLRBIX3 |
| Romania | 6.80% | 2028-06-25 | 6.35% | RONZTPTHWXX5 |
| Romania | 7.28% | 2028-06-25 | 7.35% | ROQXZUL7YYM7 |
| Romania | 7.48% | 2029-08-13 | 7.65% | RO1YEYZADZ72 |
| Romania | 7.00% | 2029-08-23 | 7.00% | ROOH5OS3YJ34 |
| Romania | 7.04% | 2029-09-17 | 7.60% | ROSLNO9KS3O1 |
| Romania | 7.22% | 2030-03-18 | 6.60% | RO6KARFMJXL7 |
| Romania | 7.55% | 2030-03-19 | 7.80% | RON6WVVB8CK0 |
| Romania | 7.60% | 2030-04-16 | 7.60% | ROE5YA2DZUA8 |
| Romania | 7.67% | 2031-06-19 | 7.95% | ROPD86K9RDH1 |
| Romania | 7.59% | 2031-07-16 | 7.95% | ROEYHZ8PDNA9 |
| Romania | 7.36% | 2031-08-13 | 7.90% | RO5D4DNJGLK0 |
| Romania | 7.39% | 2032-03-18 | 7.10% | RO1RJXWIY3I9 |
| Romania | 7.56% | 2032-04-24 | 7.60% | ROERZSYG42J1 |
| Romania | 7.50% | 2032-05-20 | 7.50% | RO24GY7S0U54 |
| Romania | 7.10% | 2033-10-30 | 7.20% | ROWLVEJ2A207 |
| Romania | 7.11% | 2034-07-31 | 7.10% | ROTM7EDD92S2 |
| Romania | 7.15% | 2034-10-11 | 4.75% | RO4KELYFLVK4 |
| Romania | 7.15% | 2036-04-28 | 4.25% | RO1J9H39WKT4 |
| Romania | 7.60% | 2036-06-25 | 7.60% | RORO6Q9NZBU3 |
| Romania | 7.29% | 2038-02-24 | 7.90% | RO0DU3PR9NF9 |