ESM FX 2.75% FEB35 EUR
EU000A1Z99W5EUROPEAN STABILITY MECHANISMSupranationalMOT
- Last price
- 94.11
- as of 15/10/2026
- Gross yield
- 3.58%
- Net yield
- 3.14%
- Maturity
- 26/02/2035
- 8y 4m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,566.58
- Net gain at maturity
- €2,525.37
- Net yield
- 3.14%
- Gross yield
- 3.57%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 94.11
- Nominal value
- 10,000
- Clean value
- €9,411.00
- Gross accrued interest
- €177.81
- Tax credit on accrued interest
- -€22.23
- Commissions
- €0.00
- Settlement amount
- €9,566.58
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.57% | 3.14% | 3.22% |
| Modified duration | 7.16 | 7.21 | 7.20 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €2,475.00
- Tax on coupons
- -€309.42
- Redemption of the nominal
- €10,000.00
- Capital gain
- €589.00
- Capital gain tax
- -€73.63
- Net gain at maturity
- €2,525.37
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,411.00 |
| 20/10/2026 | Gross accrued interest | -€177.81 |
| 20/10/2026 | Tax credit on accrued interest | €22.23 |
| 26/02/2027 | Gross coupon | €275.00 |
| 26/02/2027 | Tax on the coupon | -€34.38 |
| 26/02/2028 | Gross coupon | €275.00 |
| 26/02/2028 | Tax on the coupon | -€34.38 |
| 26/02/2029 | Gross coupon | €275.00 |
| 26/02/2029 | Tax on the coupon | -€34.38 |
| 26/02/2030 | Gross coupon | €275.00 |
| 26/02/2030 | Tax on the coupon | -€34.38 |
| 26/02/2031 | Gross coupon | €275.00 |
| 26/02/2031 | Tax on the coupon | -€34.38 |
| 26/02/2032 | Gross coupon | €275.00 |
| 26/02/2032 | Tax on the coupon | -€34.38 |
| 26/02/2033 | Gross coupon | €275.00 |
| 26/02/2033 | Tax on the coupon | -€34.38 |
| 26/02/2034 | Gross coupon | €275.00 |
| 26/02/2034 | Tax on the coupon | -€34.38 |
| 26/02/2035 | Gross coupon | €275.00 |
| 26/02/2035 | Tax on the coupon | -€34.38 |
| 26/02/2035 | Redemption of the nominal | €10,000.00 |
| 26/02/2035 | Capital gain tax | -€73.63 |
| Net gain at maturity | €2,525.37 | |
It is the sum of all the movements: €12,497.23 received (coupons, redemption, tax credit on accrued interest) minus €9,971.86 paid (price, accrued interest, commissions and taxes) = €2,525.37. 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.