ROMANIA TF 2,75% AP41 EUR
XS2330514899
MINISTERUL FINANȚELORForeign governmentHi-MTF · MOT
- Last price
- 64.61
- as of 14/10/2026
- Gross yield
- 6.62%
- Net yield
- 5.90%
- Maturity
- 14/04/2041
- 14y 6m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
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Change the values: every figure updates at once. The page link keeps the simulation.
- Settlement amount
- €9,877.41
- Net gain at maturity
- €9,873.13
- Net yield
- 5.90%
- Gross yield
- 6.62%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 64.61
- Nominal value
- 15,000
- Clean value
- €9,691.50
- Gross accrued interest
- €212.47
- Tax credit on accrued interest
- -€26.56
- Commissions
- €0.00
- Settlement amount
- €9,877.41
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 6.62% | 5.90% | 6.16% |
| Modified duration | 10.51 | 10.73 | 10.65 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €6,187.50
- Tax on coupons
- -€773.40
- Redemption of the nominal
- €15,000.00
- Capital gain
- €5,308.50
- Capital gain tax
- -€663.56
- Net gain at maturity
- €9,873.13
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,691.50 |
| 19/10/2026 | Gross accrued interest | -€212.47 |
| 19/10/2026 | Tax credit on accrued interest | €26.56 |
| 14/04/2027 | Gross coupon | €412.50 |
| 14/04/2027 | Tax on the coupon | -€51.56 |
| 14/04/2028 | Gross coupon | €412.50 |
| 14/04/2028 | Tax on the coupon | -€51.56 |
| 14/04/2029 | Gross coupon | €412.50 |
| 14/04/2029 | Tax on the coupon | -€51.56 |
| 14/04/2030 | Gross coupon | €412.50 |
| 14/04/2030 | Tax on the coupon | -€51.56 |
| 14/04/2031 | Gross coupon | €412.50 |
| 14/04/2031 | Tax on the coupon | -€51.56 |
| 14/04/2032 | Gross coupon | €412.50 |
| 14/04/2032 | Tax on the coupon | -€51.56 |
| 14/04/2033 | Gross coupon | €412.50 |
| 14/04/2033 | Tax on the coupon | -€51.56 |
| 14/04/2034 | Gross coupon | €412.50 |
| 14/04/2034 | Tax on the coupon | -€51.56 |
| 14/04/2035 | Gross coupon | €412.50 |
| 14/04/2035 | Tax on the coupon | -€51.56 |
| 14/04/2036 | Gross coupon | €412.50 |
| 14/04/2036 | Tax on the coupon | -€51.56 |
| 14/04/2037 | Gross coupon | €412.50 |
| 14/04/2037 | Tax on the coupon | -€51.56 |
| 14/04/2038 | Gross coupon | €412.50 |
| 14/04/2038 | Tax on the coupon | -€51.56 |
| 14/04/2039 | Gross coupon | €412.50 |
| 14/04/2039 | Tax on the coupon | -€51.56 |
| 14/04/2040 | Gross coupon | €412.50 |
| 14/04/2040 | Tax on the coupon | -€51.56 |
| 14/04/2041 | Gross coupon | €412.50 |
| 14/04/2041 | Tax on the coupon | -€51.56 |
| 14/04/2041 | Redemption of the nominal | €15,000.00 |
| 14/04/2041 | Capital gain tax | -€663.56 |
| Net gain at maturity | €9,873.13 | |
It is the sum of all the movements: €21,214.06 received (coupons, redemption, tax credit on accrued interest) minus €11,340.93 paid (price, accrued interest, commissions and taxes) = €9,873.13. 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.