BEI SUSTAINABLE FX 4.5% JAN28 GBP
EU000A3L6Q00European Investment BankSupranationalMOT
- Last price
- 100.06
- as of 15/10/2026
- Gross yield
- 4.43%
- Net yield
- 3.88%
- Maturity
- 31/01/2028
- 1y 3m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
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
- £9,259.77
- Net gain at maturity
- £448.97
- Net yield
- 3.88%
- Gross yield
- 4.43%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 100.06
- Nominal value
- 9,000
- Clean value
- £9,005.40
- Gross accrued interest
- £290.71
- Tax credit on accrued interest
- -£36.34
- Commissions
- £0.00
- Settlement amount
- £9,259.77
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.43% | 3.88% | 3.88% |
| Modified duration | 1.19 | 1.19 | 1.19 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £810.00
- Tax on coupons
- -£101.26
- Redemption of the nominal
- £9,000.00
- Capital loss
- -£5.40
- Capital gain tax
- -£0.00
- Net gain at maturity
- £448.97
No tax: in Italy the capital loss can offset capital gains of the next four years.
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -£9,005.40 |
| 20/10/2026 | Gross accrued interest | -£290.71 |
| 20/10/2026 | Tax credit on accrued interest | £36.34 |
| 31/01/2027 | Gross coupon | £405.00 |
| 31/01/2027 | Tax on the coupon | -£50.63 |
| 31/01/2028 | Gross coupon | £405.00 |
| 31/01/2028 | Tax on the coupon | -£50.63 |
| 31/01/2028 | Redemption of the nominal | £9,000.00 |
| Net gain at maturity | £448.97 | |
It is the sum of all the movements: £9,846.34 received (coupons, redemption, tax credit on accrued interest) minus £9,397.37 paid (price, accrued interest, commissions and taxes) = £448.97. 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.