OBLIGACIONES TF 1,45% OT71 EUR

ES0000012H58SpainSECRETARÍA GENERAL DEL TESORO Y FINANCIACIÓN INTERNACIONALForeign governmentHi-MTF · MOT

Last price
42.40
as of 14/10/2026
Gross yield
4.42%
Net yield
3.98%
Maturity
31/10/2071
45y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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EUR

Last price: 42.40 on 14/10/2026

Commissions
%
€
€

Percent of the order value, with a minimum and a maximum in euro (empty maximum = no limit). For a flat fee enter only the minimum.

Settlement amount
€9,597.95
Net gain at maturity
€23,657.57
Net yield
3.98%
Gross yield
4.42%

Order details

Settlement date
19/10/2026
Purchase price (clean)
42.40
Nominal value
22,000
Clean value
€9,328.00
Gross accrued interest
€308.51
Tax credit on accrued interest
-€38.56
Commissions
€0.00
Settlement amount
€9,597.95

Yields and duration

GrossNetNet without capital gain tax
Annual yield4.42%3.98%4.08%
Modified duration23.9925.2824.96

The last column applies when the capital gain is offset by earlier capital losses.

Outcome at maturity

Gross coupons
€14,674.00
Tax on coupons
-€1,834.48
Redemption of the nominal
€22,000.00
Capital gain
€12,672.00
Capital gain tax
-€1,584.00
Net gain at maturity
€23,657.57

Cash flows

DateDescriptionAmount
19/10/2026Payment of the price-€9,328.00
19/10/2026Gross accrued interest-€308.51
19/10/2026Tax credit on accrued interest€38.56
31/10/2026Gross coupon€319.00
31/10/2026Tax on the coupon-€39.88
31/10/2027Gross coupon€319.00
31/10/2027Tax on the coupon-€39.88
31/10/2028Gross coupon€319.00
31/10/2028Tax on the coupon-€39.88
31/10/2029Gross coupon€319.00
31/10/2029Tax on the coupon-€39.88
31/10/2030Gross coupon€319.00
31/10/2030Tax on the coupon-€39.88
31/10/2031Gross coupon€319.00
31/10/2031Tax on the coupon-€39.88
31/10/2032Gross coupon€319.00
31/10/2032Tax on the coupon-€39.88
31/10/2033Gross coupon€319.00
31/10/2033Tax on the coupon-€39.88
31/10/2034Gross coupon€319.00
31/10/2034Tax on the coupon-€39.88
31/10/2035Gross coupon€319.00
31/10/2035Tax on the coupon-€39.88
31/10/2036Gross coupon€319.00
31/10/2036Tax on the coupon-€39.88
31/10/2037Gross coupon€319.00
31/10/2037Tax on the coupon-€39.88
31/10/2038Gross coupon€319.00
31/10/2038Tax on the coupon-€39.88
31/10/2039Gross coupon€319.00
31/10/2039Tax on the coupon-€39.88
31/10/2040Gross coupon€319.00
31/10/2040Tax on the coupon-€39.88
31/10/2041Gross coupon€319.00
31/10/2041Tax on the coupon-€39.88
31/10/2042Gross coupon€319.00
31/10/2042Tax on the coupon-€39.88
31/10/2043Gross coupon€319.00
31/10/2043Tax on the coupon-€39.88
31/10/2044Gross coupon€319.00
31/10/2044Tax on the coupon-€39.88
31/10/2045Gross coupon€319.00
31/10/2045Tax on the coupon-€39.88
31/10/2046Gross coupon€319.00
31/10/2046Tax on the coupon-€39.88
31/10/2047Gross coupon€319.00
31/10/2047Tax on the coupon-€39.88
31/10/2048Gross coupon€319.00
31/10/2048Tax on the coupon-€39.88
31/10/2049Gross coupon€319.00
31/10/2049Tax on the coupon-€39.88
31/10/2050Gross coupon€319.00
31/10/2050Tax on the coupon-€39.88
31/10/2051Gross coupon€319.00
31/10/2051Tax on the coupon-€39.88
31/10/2052Gross coupon€319.00
31/10/2052Tax on the coupon-€39.88
31/10/2053Gross coupon€319.00
31/10/2053Tax on the coupon-€39.88
31/10/2054Gross coupon€319.00
31/10/2054Tax on the coupon-€39.88
31/10/2055Gross coupon€319.00
31/10/2055Tax on the coupon-€39.88
31/10/2056Gross coupon€319.00
31/10/2056Tax on the coupon-€39.88
31/10/2057Gross coupon€319.00
31/10/2057Tax on the coupon-€39.88
31/10/2058Gross coupon€319.00
31/10/2058Tax on the coupon-€39.88
31/10/2059Gross coupon€319.00
31/10/2059Tax on the coupon-€39.88
31/10/2060Gross coupon€319.00
31/10/2060Tax on the coupon-€39.88
31/10/2061Gross coupon€319.00
31/10/2061Tax on the coupon-€39.88
31/10/2062Gross coupon€319.00
31/10/2062Tax on the coupon-€39.88
31/10/2063Gross coupon€319.00
31/10/2063Tax on the coupon-€39.88
31/10/2064Gross coupon€319.00
31/10/2064Tax on the coupon-€39.88
31/10/2065Gross coupon€319.00
31/10/2065Tax on the coupon-€39.88
31/10/2066Gross coupon€319.00
31/10/2066Tax on the coupon-€39.88
31/10/2067Gross coupon€319.00
31/10/2067Tax on the coupon-€39.88
31/10/2068Gross coupon€319.00
31/10/2068Tax on the coupon-€39.88
31/10/2069Gross coupon€319.00
31/10/2069Tax on the coupon-€39.88
31/10/2070Gross coupon€319.00
31/10/2070Tax on the coupon-€39.88
31/10/2071Gross coupon€319.00
31/10/2071Tax on the coupon-€39.88
31/10/2071Redemption of the nominal€22,000.00
31/10/2071Capital gain tax-€1,584.00
Net gain at maturity€23,657.57

It is the sum of all the movements: €36,712.56 received (coupons, redemption, tax credit on accrued interest) minus €13,054.99 paid (price, accrued interest, commissions and taxes) = €23,657.57. 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.