OBLIGACIONES TF 2,35% LG33 EUR
ES00000128Q6
SECRETARÍA GENERAL DEL TESORO Y FINANCIACIÓN INTERNACIONALForeign governmentHi-MTF · MOT
- Last price
- 91.36
- as of 14/10/2026
- Gross yield
- 3.82%
- Net yield
- 3.36%
- Maturity
- 30/07/2033
- 6y 9m
Simulation for information and education only, computed automatically from the values entered. It is not financial advice, nor a recommendation or solicitation to buy or sell. Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
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- Settlement amount
- €9,182.19
- Net gain at maturity
- €2,149.15
- Net yield
- 3.35%
- Gross yield
- 3.82%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 91.36
- Nominal value
- 10,000
- Clean value
- €9,136.00
- Gross accrued interest
- €52.79
- Tax credit on accrued interest
- -€6.60
- Commissions
- €0.00
- Settlement amount
- €9,182.19
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.82% | 3.35% | 3.51% |
| Modified duration | 6.06 | 6.09 | 6.08 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €1,645.00
- Tax on coupons
- -€205.66
- Redemption of the nominal
- €10,000.00
- Capital gain
- €864.00
- Capital gain tax
- -€108.00
- Net gain at maturity
- €2,149.15
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,136.00 |
| 20/10/2026 | Gross accrued interest | -€52.79 |
| 20/10/2026 | Tax credit on accrued interest | €6.60 |
| 30/07/2027 | Gross coupon | €235.00 |
| 30/07/2027 | Tax on the coupon | -€29.38 |
| 30/07/2028 | Gross coupon | €235.00 |
| 30/07/2028 | Tax on the coupon | -€29.38 |
| 30/07/2029 | Gross coupon | €235.00 |
| 30/07/2029 | Tax on the coupon | -€29.38 |
| 30/07/2030 | Gross coupon | €235.00 |
| 30/07/2030 | Tax on the coupon | -€29.38 |
| 30/07/2031 | Gross coupon | €235.00 |
| 30/07/2031 | Tax on the coupon | -€29.38 |
| 30/07/2032 | Gross coupon | €235.00 |
| 30/07/2032 | Tax on the coupon | -€29.38 |
| 30/07/2033 | Gross coupon | €235.00 |
| 30/07/2033 | Tax on the coupon | -€29.38 |
| 30/07/2033 | Redemption of the nominal | €10,000.00 |
| 30/07/2033 | Capital gain tax | -€108.00 |
| Net gain at maturity | €2,149.15 | |
It is the sum of all the movements: €11,651.60 received (coupons, redemption, tax credit on accrued interest) minus €9,502.45 paid (price, accrued interest, commissions and taxes) = €2,149.15. It is what you earn in euro, after tax, if you hold the bond to maturity; if negative, you lose money.
How it is calculated
- Accrued interest uses the ACT/ACT ICMA convention: the buyer pays the gross accrued interest and receives the credit for the tax withheld on that part of the coupon.
- Taxes of the Italian administered regime, 12.5% on coupons and capital gain (12.5% for government and supranational bonds, 26% for the others). Commissions are part of the purchase cost. Stamp duty and issue discount are not considered.
- Yields are annual compound rates (IRR) of the cash flows, actual days/365, with the bond held to maturity and coupons not reinvested.