EU TF 3,375% OT38 EUR
EU000A3K4D74European UnionSupranationalMOT
- Last price
- 92.90
- as of 14/10/2026
- Gross yield
- 4.14%
- Net yield
- 3.63%
- Maturity
- 04/10/2038
- 12y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,302.14
- Net gain at maturity
- €4,152.83
- Net yield
- 3.63%
- Gross yield
- 4.14%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 92.90
- Nominal value
- 10,000
- Clean value
- €9,290.00
- Gross accrued interest
- €13.87
- Tax credit on accrued interest
- -€1.73
- Commissions
- €0.00
- Settlement amount
- €9,302.14
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.14% | 3.63% | 3.70% |
| Modified duration | 9.55 | 9.65 | 9.64 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €4,050.00
- Tax on coupons
- -€506.28
- Redemption of the nominal
- €10,000.00
- Capital gain
- €710.00
- Capital gain tax
- -€88.75
- Net gain at maturity
- €4,152.83
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,290.00 |
| 19/10/2026 | Gross accrued interest | -€13.87 |
| 19/10/2026 | Tax credit on accrued interest | €1.73 |
| 04/10/2027 | Gross coupon | €337.50 |
| 04/10/2027 | Tax on the coupon | -€42.19 |
| 04/10/2028 | Gross coupon | €337.50 |
| 04/10/2028 | Tax on the coupon | -€42.19 |
| 04/10/2029 | Gross coupon | €337.50 |
| 04/10/2029 | Tax on the coupon | -€42.19 |
| 04/10/2030 | Gross coupon | €337.50 |
| 04/10/2030 | Tax on the coupon | -€42.19 |
| 04/10/2031 | Gross coupon | €337.50 |
| 04/10/2031 | Tax on the coupon | -€42.19 |
| 04/10/2032 | Gross coupon | €337.50 |
| 04/10/2032 | Tax on the coupon | -€42.19 |
| 04/10/2033 | Gross coupon | €337.50 |
| 04/10/2033 | Tax on the coupon | -€42.19 |
| 04/10/2034 | Gross coupon | €337.50 |
| 04/10/2034 | Tax on the coupon | -€42.19 |
| 04/10/2035 | Gross coupon | €337.50 |
| 04/10/2035 | Tax on the coupon | -€42.19 |
| 04/10/2036 | Gross coupon | €337.50 |
| 04/10/2036 | Tax on the coupon | -€42.19 |
| 04/10/2037 | Gross coupon | €337.50 |
| 04/10/2037 | Tax on the coupon | -€42.19 |
| 04/10/2038 | Gross coupon | €337.50 |
| 04/10/2038 | Tax on the coupon | -€42.19 |
| 04/10/2038 | Redemption of the nominal | €10,000.00 |
| 04/10/2038 | Capital gain tax | -€88.75 |
| Net gain at maturity | €4,152.83 | |
It is the sum of all the movements: €14,051.73 received (coupons, redemption, tax credit on accrued interest) minus €9,898.90 paid (price, accrued interest, commissions and taxes) = €4,152.83. 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.