BUND FX 2.9% AUG56 EUR
DE000BU2D012
Bundesrepublik DeutschlandForeign governmentHi-MTF · MOT
- Last price
- 83.60
- as of 14/10/2026
- Gross yield
- 3.83%
- Net yield
- 3.38%
- Maturity
- 15/08/2056
- 29y 10m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,246.47
- Net gain at maturity
- €9,901.63
- Net yield
- 3.37%
- Gross yield
- 3.83%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 83.60
- Nominal value
- 11,000
- Clean value
- €9,196.00
- Gross accrued interest
- €57.68
- Tax credit on accrued interest
- -€7.21
- Commissions
- €0.00
- Settlement amount
- €9,246.47
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.83% | 3.37% | 3.42% |
| Modified duration | 18.55 | 19.11 | 19.05 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €9,570.00
- Tax on coupons
- -€1,196.40
- Redemption of the nominal
- €11,000.00
- Capital gain
- €1,804.00
- Capital gain tax
- -€225.50
- Net gain at maturity
- €9,901.63
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,196.00 |
| 20/10/2026 | Gross accrued interest | -€57.68 |
| 20/10/2026 | Tax credit on accrued interest | €7.21 |
| 15/08/2027 | Gross coupon | €319.00 |
| 15/08/2027 | Tax on the coupon | -€39.88 |
| 15/08/2028 | Gross coupon | €319.00 |
| 15/08/2028 | Tax on the coupon | -€39.88 |
| 15/08/2029 | Gross coupon | €319.00 |
| 15/08/2029 | Tax on the coupon | -€39.88 |
| 15/08/2030 | Gross coupon | €319.00 |
| 15/08/2030 | Tax on the coupon | -€39.88 |
| 15/08/2031 | Gross coupon | €319.00 |
| 15/08/2031 | Tax on the coupon | -€39.88 |
| 15/08/2032 | Gross coupon | €319.00 |
| 15/08/2032 | Tax on the coupon | -€39.88 |
| 15/08/2033 | Gross coupon | €319.00 |
| 15/08/2033 | Tax on the coupon | -€39.88 |
| 15/08/2034 | Gross coupon | €319.00 |
| 15/08/2034 | Tax on the coupon | -€39.88 |
| 15/08/2035 | Gross coupon | €319.00 |
| 15/08/2035 | Tax on the coupon | -€39.88 |
| 15/08/2036 | Gross coupon | €319.00 |
| 15/08/2036 | Tax on the coupon | -€39.88 |
| 15/08/2037 | Gross coupon | €319.00 |
| 15/08/2037 | Tax on the coupon | -€39.88 |
| 15/08/2038 | Gross coupon | €319.00 |
| 15/08/2038 | Tax on the coupon | -€39.88 |
| 15/08/2039 | Gross coupon | €319.00 |
| 15/08/2039 | Tax on the coupon | -€39.88 |
| 15/08/2040 | Gross coupon | €319.00 |
| 15/08/2040 | Tax on the coupon | -€39.88 |
| 15/08/2041 | Gross coupon | €319.00 |
| 15/08/2041 | Tax on the coupon | -€39.88 |
| 15/08/2042 | Gross coupon | €319.00 |
| 15/08/2042 | Tax on the coupon | -€39.88 |
| 15/08/2043 | Gross coupon | €319.00 |
| 15/08/2043 | Tax on the coupon | -€39.88 |
| 15/08/2044 | Gross coupon | €319.00 |
| 15/08/2044 | Tax on the coupon | -€39.88 |
| 15/08/2045 | Gross coupon | €319.00 |
| 15/08/2045 | Tax on the coupon | -€39.88 |
| 15/08/2046 | Gross coupon | €319.00 |
| 15/08/2046 | Tax on the coupon | -€39.88 |
| 15/08/2047 | Gross coupon | €319.00 |
| 15/08/2047 | Tax on the coupon | -€39.88 |
| 15/08/2048 | Gross coupon | €319.00 |
| 15/08/2048 | Tax on the coupon | -€39.88 |
| 15/08/2049 | Gross coupon | €319.00 |
| 15/08/2049 | Tax on the coupon | -€39.88 |
| 15/08/2050 | Gross coupon | €319.00 |
| 15/08/2050 | Tax on the coupon | -€39.88 |
| 15/08/2051 | Gross coupon | €319.00 |
| 15/08/2051 | Tax on the coupon | -€39.88 |
| 15/08/2052 | Gross coupon | €319.00 |
| 15/08/2052 | Tax on the coupon | -€39.88 |
| 15/08/2053 | Gross coupon | €319.00 |
| 15/08/2053 | Tax on the coupon | -€39.88 |
| 15/08/2054 | Gross coupon | €319.00 |
| 15/08/2054 | Tax on the coupon | -€39.88 |
| 15/08/2055 | Gross coupon | €319.00 |
| 15/08/2055 | Tax on the coupon | -€39.88 |
| 15/08/2056 | Gross coupon | €319.00 |
| 15/08/2056 | Tax on the coupon | -€39.88 |
| 15/08/2056 | Redemption of the nominal | €11,000.00 |
| 15/08/2056 | Capital gain tax | -€225.50 |
| Net gain at maturity | €9,901.63 | |
It is the sum of all the movements: €20,577.21 received (coupons, redemption, tax credit on accrued interest) minus €10,675.58 paid (price, accrued interest, commissions and taxes) = €9,901.63. 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.