BEI FX 4% FEB29 GBP
EU000A3LUMF5European Investment BankSupranationalHi-MTF · MOT
- Last price
- 98.24
- as of 16/10/2026
- Gross yield
- 4.81%
- Net yield
- 4.21%
- Maturity
- 15/02/2029
- 2y 4m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- £9,054.77
- Net gain at maturity
- £870.43
- Net yield
- 4.21%
- Gross yield
- 4.80%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 98.24
- Nominal value
- 9,000
- Clean value
- £8,841.60
- Gross accrued interest
- £243.62
- Tax credit on accrued interest
- -£30.45
- Commissions
- £0.00
- Settlement amount
- £9,054.77
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.80% | 4.21% | 4.30% |
| Modified duration | 2.11 | 2.12 | 2.12 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £1,080.00
- Tax on coupons
- -£135.00
- Redemption of the nominal
- £9,000.00
- Capital gain
- £158.40
- Capital gain tax
- -£19.80
- Net gain at maturity
- £870.43
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -£8,841.60 |
| 20/10/2026 | Gross accrued interest | -£243.62 |
| 20/10/2026 | Tax credit on accrued interest | £30.45 |
| 15/02/2027 | Gross coupon | £360.00 |
| 15/02/2027 | Tax on the coupon | -£45.00 |
| 15/02/2028 | Gross coupon | £360.00 |
| 15/02/2028 | Tax on the coupon | -£45.00 |
| 15/02/2029 | Gross coupon | £360.00 |
| 15/02/2029 | Tax on the coupon | -£45.00 |
| 15/02/2029 | Redemption of the nominal | £9,000.00 |
| 15/02/2029 | Capital gain tax | -£19.80 |
| Net gain at maturity | £870.43 | |
It is the sum of all the movements: £10,110.45 received (coupons, redemption, tax credit on accrued interest) minus £9,240.02 paid (price, accrued interest, commissions and taxes) = £870.43. 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.