EU NEXT GEN FX 3.75% OCT45 EUR

EU000A4EA8Y7SupranationalEuropean UnionSupranationalMOT

Last price
91.62
as of 15/10/2026
Gross yield
4.41%
Net yield
3.87%
Maturity
12/10/2045
19y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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EUR

Last price: 91.62 on 15/10/2026

Commissions
%
€
€

Percent of the order value, with a minimum and a maximum in euro (empty maximum = no limit). For a flat fee enter only the minimum.

Settlement amount
€9,169.19
Net gain at maturity
€6,960.34
Net yield
3.87%
Gross yield
4.41%

Order details

Settlement date
20/10/2026
Purchase price (clean)
91.62
Nominal value
10,000
Clean value
€9,162.00
Gross accrued interest
€8.22
Tax credit on accrued interest
-€1.03
Commissions
€0.00
Settlement amount
€9,169.19

Yields and duration

GrossNetNet without capital gain tax
Annual yield4.41%3.87%3.91%
Modified duration13.0713.3413.32

The last column applies when the capital gain is offset by earlier capital losses.

Outcome at maturity

Gross coupons
€7,125.00
Tax on coupons
-€890.72
Redemption of the nominal
€10,000.00
Capital gain
€838.00
Capital gain tax
-€104.75
Net gain at maturity
€6,960.34

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-€9,162.00
20/10/2026Gross accrued interest-€8.22
20/10/2026Tax credit on accrued interest€1.03
12/10/2027Gross coupon€375.00
12/10/2027Tax on the coupon-€46.88
12/10/2028Gross coupon€375.00
12/10/2028Tax on the coupon-€46.88
12/10/2029Gross coupon€375.00
12/10/2029Tax on the coupon-€46.88
12/10/2030Gross coupon€375.00
12/10/2030Tax on the coupon-€46.88
12/10/2031Gross coupon€375.00
12/10/2031Tax on the coupon-€46.88
12/10/2032Gross coupon€375.00
12/10/2032Tax on the coupon-€46.88
12/10/2033Gross coupon€375.00
12/10/2033Tax on the coupon-€46.88
12/10/2034Gross coupon€375.00
12/10/2034Tax on the coupon-€46.88
12/10/2035Gross coupon€375.00
12/10/2035Tax on the coupon-€46.88
12/10/2036Gross coupon€375.00
12/10/2036Tax on the coupon-€46.88
12/10/2037Gross coupon€375.00
12/10/2037Tax on the coupon-€46.88
12/10/2038Gross coupon€375.00
12/10/2038Tax on the coupon-€46.88
12/10/2039Gross coupon€375.00
12/10/2039Tax on the coupon-€46.88
12/10/2040Gross coupon€375.00
12/10/2040Tax on the coupon-€46.88
12/10/2041Gross coupon€375.00
12/10/2041Tax on the coupon-€46.88
12/10/2042Gross coupon€375.00
12/10/2042Tax on the coupon-€46.88
12/10/2043Gross coupon€375.00
12/10/2043Tax on the coupon-€46.88
12/10/2044Gross coupon€375.00
12/10/2044Tax on the coupon-€46.88
12/10/2045Gross coupon€375.00
12/10/2045Tax on the coupon-€46.88
12/10/2045Redemption of the nominal€10,000.00
12/10/2045Capital gain tax-€104.75
Net gain at maturity€6,960.34

It is the sum of all the movements: €17,126.03 received (coupons, redemption, tax credit on accrued interest) minus €10,165.69 paid (price, accrued interest, commissions and taxes) = €6,960.34. 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.