EU SURE BOND TF 0,45% MG46 EUR
EU000A3KNYG5European UnionSupranationalMOT
- Last price
- 50.58
- as of 15/10/2026
- Gross yield
- 4.21%
- Net yield
- 3.81%
- Maturity
- 02/05/2046
- 19y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,645.25
- Net gain at maturity
- €9,677.23
- Net yield
- 3.80%
- Gross yield
- 4.21%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 50.58
- Nominal value
- 19,000
- Clean value
- €9,610.20
- Gross accrued interest
- €40.06
- Tax credit on accrued interest
- -€5.01
- Commissions
- €0.00
- Settlement amount
- €9,645.25
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.21% | 3.80% | 4.13% |
| Modified duration | 17.50 | 17.63 | 17.53 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €1,710.00
- Tax on coupons
- -€213.80
- Redemption of the nominal
- €19,000.00
- Capital gain
- €9,389.80
- Capital gain tax
- -€1,173.72
- Net gain at maturity
- €9,677.23
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,610.20 |
| 20/10/2026 | Gross accrued interest | -€40.06 |
| 20/10/2026 | Tax credit on accrued interest | €5.01 |
| 02/05/2027 | Gross coupon | €85.50 |
| 02/05/2027 | Tax on the coupon | -€10.69 |
| 02/05/2028 | Gross coupon | €85.50 |
| 02/05/2028 | Tax on the coupon | -€10.69 |
| 02/05/2029 | Gross coupon | €85.50 |
| 02/05/2029 | Tax on the coupon | -€10.69 |
| 02/05/2030 | Gross coupon | €85.50 |
| 02/05/2030 | Tax on the coupon | -€10.69 |
| 02/05/2031 | Gross coupon | €85.50 |
| 02/05/2031 | Tax on the coupon | -€10.69 |
| 02/05/2032 | Gross coupon | €85.50 |
| 02/05/2032 | Tax on the coupon | -€10.69 |
| 02/05/2033 | Gross coupon | €85.50 |
| 02/05/2033 | Tax on the coupon | -€10.69 |
| 02/05/2034 | Gross coupon | €85.50 |
| 02/05/2034 | Tax on the coupon | -€10.69 |
| 02/05/2035 | Gross coupon | €85.50 |
| 02/05/2035 | Tax on the coupon | -€10.69 |
| 02/05/2036 | Gross coupon | €85.50 |
| 02/05/2036 | Tax on the coupon | -€10.69 |
| 02/05/2037 | Gross coupon | €85.50 |
| 02/05/2037 | Tax on the coupon | -€10.69 |
| 02/05/2038 | Gross coupon | €85.50 |
| 02/05/2038 | Tax on the coupon | -€10.69 |
| 02/05/2039 | Gross coupon | €85.50 |
| 02/05/2039 | Tax on the coupon | -€10.69 |
| 02/05/2040 | Gross coupon | €85.50 |
| 02/05/2040 | Tax on the coupon | -€10.69 |
| 02/05/2041 | Gross coupon | €85.50 |
| 02/05/2041 | Tax on the coupon | -€10.69 |
| 02/05/2042 | Gross coupon | €85.50 |
| 02/05/2042 | Tax on the coupon | -€10.69 |
| 02/05/2043 | Gross coupon | €85.50 |
| 02/05/2043 | Tax on the coupon | -€10.69 |
| 02/05/2044 | Gross coupon | €85.50 |
| 02/05/2044 | Tax on the coupon | -€10.69 |
| 02/05/2045 | Gross coupon | €85.50 |
| 02/05/2045 | Tax on the coupon | -€10.69 |
| 02/05/2046 | Gross coupon | €85.50 |
| 02/05/2046 | Tax on the coupon | -€10.69 |
| 02/05/2046 | Redemption of the nominal | €19,000.00 |
| 02/05/2046 | Capital gain tax | -€1,173.72 |
| Net gain at maturity | €9,677.23 | |
It is the sum of all the movements: €20,715.01 received (coupons, redemption, tax credit on accrued interest) minus €11,037.78 paid (price, accrued interest, commissions and taxes) = €9,677.23. 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.