EU FX 3.125% DEC28 EUR
EU000A3K4EN5European UnionSupranationalMOT
- Last price
- 99.48
- as of 14/10/2026
- Gross yield
- 3.38%
- Net yield
- 2.96%
- Maturity
- 05/12/2028
- 2y 2m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,168.27
- Net gain at maturity
- €564.15
- Net yield
- 2.95%
- Gross yield
- 3.38%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 99.48
- Nominal value
- 9,000
- Clean value
- €8,953.20
- Gross accrued interest
- €245.80
- Tax credit on accrued interest
- -€30.73
- Commissions
- €0.00
- Settlement amount
- €9,168.27
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.38% | 2.95% | 2.98% |
| Modified duration | 1.97 | 1.98 | 1.98 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €843.75
- Tax on coupons
- -€105.48
- Redemption of the nominal
- €9,000.00
- Capital gain
- €46.80
- Capital gain tax
- -€5.85
- Net gain at maturity
- €564.15
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€8,953.20 |
| 20/10/2026 | Gross accrued interest | -€245.80 |
| 20/10/2026 | Tax credit on accrued interest | €30.73 |
| 05/12/2026 | Gross coupon | €281.25 |
| 05/12/2026 | Tax on the coupon | -€35.16 |
| 05/12/2027 | Gross coupon | €281.25 |
| 05/12/2027 | Tax on the coupon | -€35.16 |
| 05/12/2028 | Gross coupon | €281.25 |
| 05/12/2028 | Tax on the coupon | -€35.16 |
| 05/12/2028 | Redemption of the nominal | €9,000.00 |
| 05/12/2028 | Capital gain tax | -€5.85 |
| Net gain at maturity | €564.15 | |
It is the sum of all the movements: €9,874.48 received (coupons, redemption, tax credit on accrued interest) minus €9,310.33 paid (price, accrued interest, commissions and taxes) = €564.15. 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.