BEI FX 3.625% OCT29 GBP
EU000A3L1TH0European Investment BankSupranationalMOT
- Last price
- 96.58
- as of 13/10/2026
- Gross yield
- 4.87%
- Net yield
- 4.27%
- Maturity
- 22/10/2029
- 3y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
Amounts are in GBP, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- £9,973.45
- Net gain at maturity
- £1,252.56
- Net yield
- 4.27%
- Gross yield
- 4.87%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 96.58
- Nominal value
- 10,000
- Clean value
- £9,658.00
- Gross accrued interest
- £360.51
- Tax credit on accrued interest
- -£45.06
- Commissions
- £0.00
- Settlement amount
- £9,973.45
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.87% | 4.27% | 4.41% |
| Modified duration | 2.67 | 2.69 | 2.68 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £1,450.00
- Tax on coupons
- -£181.24
- Redemption of the nominal
- £10,000.00
- Capital gain
- £342.00
- Capital gain tax
- -£42.75
- Net gain at maturity
- £1,252.56
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -£9,658.00 |
| 20/10/2026 | Gross accrued interest | -£360.51 |
| 20/10/2026 | Tax credit on accrued interest | £45.06 |
| 22/10/2026 | Gross coupon | £362.50 |
| 22/10/2026 | Tax on the coupon | -£45.31 |
| 22/10/2027 | Gross coupon | £362.50 |
| 22/10/2027 | Tax on the coupon | -£45.31 |
| 22/10/2028 | Gross coupon | £362.50 |
| 22/10/2028 | Tax on the coupon | -£45.31 |
| 22/10/2029 | Gross coupon | £362.50 |
| 22/10/2029 | Tax on the coupon | -£45.31 |
| 22/10/2029 | Redemption of the nominal | £10,000.00 |
| 22/10/2029 | Capital gain tax | -£42.75 |
| Net gain at maturity | £1,252.56 | |
It is the sum of all the movements: £11,495.06 received (coupons, redemption, tax credit on accrued interest) minus £10,242.50 paid (price, accrued interest, commissions and taxes) = £1,252.56. 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.