EU NEXT GEN TF 0,7% LG51 EUR
EU000A3KTGW6European UnionSupranationalMOT
- Last price
- 44.85
- as of 16/10/2026
- Gross yield
- 4.41%
- Net yield
- 4.00%
- Maturity
- 06/07/2051
- 24y 9m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,906.13
- Net gain at maturity
- €13,945.99
- Net yield
- 3.99%
- Gross yield
- 4.40%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 44.85
- Nominal value
- 22,000
- Clean value
- €9,867.00
- Gross accrued interest
- €44.72
- Tax credit on accrued interest
- -€5.59
- Commissions
- €0.00
- Settlement amount
- €9,906.13
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.40% | 3.99% | 4.26% |
| Modified duration | 20.48 | 20.74 | 20.57 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €3,850.00
- Tax on coupons
- -€481.25
- Redemption of the nominal
- €22,000.00
- Capital gain
- €12,133.00
- Capital gain tax
- -€1,516.63
- Net gain at maturity
- €13,945.99
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,867.00 |
| 20/10/2026 | Gross accrued interest | -€44.72 |
| 20/10/2026 | Tax credit on accrued interest | €5.59 |
| 06/07/2027 | Gross coupon | €154.00 |
| 06/07/2027 | Tax on the coupon | -€19.25 |
| 06/07/2028 | Gross coupon | €154.00 |
| 06/07/2028 | Tax on the coupon | -€19.25 |
| 06/07/2029 | Gross coupon | €154.00 |
| 06/07/2029 | Tax on the coupon | -€19.25 |
| 06/07/2030 | Gross coupon | €154.00 |
| 06/07/2030 | Tax on the coupon | -€19.25 |
| 06/07/2031 | Gross coupon | €154.00 |
| 06/07/2031 | Tax on the coupon | -€19.25 |
| 06/07/2032 | Gross coupon | €154.00 |
| 06/07/2032 | Tax on the coupon | -€19.25 |
| 06/07/2033 | Gross coupon | €154.00 |
| 06/07/2033 | Tax on the coupon | -€19.25 |
| 06/07/2034 | Gross coupon | €154.00 |
| 06/07/2034 | Tax on the coupon | -€19.25 |
| 06/07/2035 | Gross coupon | €154.00 |
| 06/07/2035 | Tax on the coupon | -€19.25 |
| 06/07/2036 | Gross coupon | €154.00 |
| 06/07/2036 | Tax on the coupon | -€19.25 |
| 06/07/2037 | Gross coupon | €154.00 |
| 06/07/2037 | Tax on the coupon | -€19.25 |
| 06/07/2038 | Gross coupon | €154.00 |
| 06/07/2038 | Tax on the coupon | -€19.25 |
| 06/07/2039 | Gross coupon | €154.00 |
| 06/07/2039 | Tax on the coupon | -€19.25 |
| 06/07/2040 | Gross coupon | €154.00 |
| 06/07/2040 | Tax on the coupon | -€19.25 |
| 06/07/2041 | Gross coupon | €154.00 |
| 06/07/2041 | Tax on the coupon | -€19.25 |
| 06/07/2042 | Gross coupon | €154.00 |
| 06/07/2042 | Tax on the coupon | -€19.25 |
| 06/07/2043 | Gross coupon | €154.00 |
| 06/07/2043 | Tax on the coupon | -€19.25 |
| 06/07/2044 | Gross coupon | €154.00 |
| 06/07/2044 | Tax on the coupon | -€19.25 |
| 06/07/2045 | Gross coupon | €154.00 |
| 06/07/2045 | Tax on the coupon | -€19.25 |
| 06/07/2046 | Gross coupon | €154.00 |
| 06/07/2046 | Tax on the coupon | -€19.25 |
| 06/07/2047 | Gross coupon | €154.00 |
| 06/07/2047 | Tax on the coupon | -€19.25 |
| 06/07/2048 | Gross coupon | €154.00 |
| 06/07/2048 | Tax on the coupon | -€19.25 |
| 06/07/2049 | Gross coupon | €154.00 |
| 06/07/2049 | Tax on the coupon | -€19.25 |
| 06/07/2050 | Gross coupon | €154.00 |
| 06/07/2050 | Tax on the coupon | -€19.25 |
| 06/07/2051 | Gross coupon | €154.00 |
| 06/07/2051 | Tax on the coupon | -€19.25 |
| 06/07/2051 | Redemption of the nominal | €22,000.00 |
| 06/07/2051 | Capital gain tax | -€1,516.63 |
| Net gain at maturity | €13,945.99 | |
It is the sum of all the movements: €25,855.59 received (coupons, redemption, tax credit on accrued interest) minus €11,909.60 paid (price, accrued interest, commissions and taxes) = €13,945.99. 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.