OBLIGACIONES FX 3.15% APR35 EUR
ES0000012O67
SECRETARÍA GENERAL DEL TESORO Y FINANCIACIÓN INTERNACIONALForeign governmentHi-MTF · MOT
- Last price
- 94.35
- as of 13/10/2026
- Gross yield
- 3.94%
- Net yield
- 3.46%
- Maturity
- 30/04/2035
- 8y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
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- Settlement amount
- €9,565.64
- Net gain at maturity
- €2,844.31
- Net yield
- 3.46%
- Gross yield
- 3.94%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 94.35
- Nominal value
- 10,000
- Clean value
- €9,435.00
- Gross accrued interest
- €149.30
- Tax credit on accrued interest
- -€18.66
- Commissions
- €0.00
- Settlement amount
- €9,565.64
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.94% | 3.46% | 3.53% |
| Modified duration | 7.19 | 7.24 | 7.23 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €2,835.00
- Tax on coupons
- -€354.42
- Redemption of the nominal
- €10,000.00
- Capital gain
- €565.00
- Capital gain tax
- -€70.63
- Net gain at maturity
- €2,844.31
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,435.00 |
| 20/10/2026 | Gross accrued interest | -€149.30 |
| 20/10/2026 | Tax credit on accrued interest | €18.66 |
| 30/04/2027 | Gross coupon | €315.00 |
| 30/04/2027 | Tax on the coupon | -€39.38 |
| 30/04/2028 | Gross coupon | €315.00 |
| 30/04/2028 | Tax on the coupon | -€39.38 |
| 30/04/2029 | Gross coupon | €315.00 |
| 30/04/2029 | Tax on the coupon | -€39.38 |
| 30/04/2030 | Gross coupon | €315.00 |
| 30/04/2030 | Tax on the coupon | -€39.38 |
| 30/04/2031 | Gross coupon | €315.00 |
| 30/04/2031 | Tax on the coupon | -€39.38 |
| 30/04/2032 | Gross coupon | €315.00 |
| 30/04/2032 | Tax on the coupon | -€39.38 |
| 30/04/2033 | Gross coupon | €315.00 |
| 30/04/2033 | Tax on the coupon | -€39.38 |
| 30/04/2034 | Gross coupon | €315.00 |
| 30/04/2034 | Tax on the coupon | -€39.38 |
| 30/04/2035 | Gross coupon | €315.00 |
| 30/04/2035 | Tax on the coupon | -€39.38 |
| 30/04/2035 | Redemption of the nominal | €10,000.00 |
| 30/04/2035 | Capital gain tax | -€70.63 |
| Net gain at maturity | €2,844.31 | |
It is the sum of all the movements: €12,853.66 received (coupons, redemption, tax credit on accrued interest) minus €10,009.35 paid (price, accrued interest, commissions and taxes) = €2,844.31. 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.