FINLAND TF 2,75% AP38 EUR
FI4000546528
Republic of Finland, Bonds / Suomen valtio JVK:tForeign governmentMOT
- Last price
- 89.46
- as of 15/10/2026
- Gross yield
- 3.90%
- Net yield
- 3.44%
- Maturity
- 15/04/2038
- 11y 6m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,976.93
- Net gain at maturity
- €4,054.42
- Net yield
- 3.43%
- Gross yield
- 3.90%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 89.46
- Nominal value
- 11,000
- Clean value
- €9,840.60
- Gross accrued interest
- €155.81
- Tax credit on accrued interest
- -€19.48
- Commissions
- €0.00
- Settlement amount
- €9,976.93
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.90% | 3.43% | 3.54% |
| Modified duration | 9.39 | 9.48 | 9.46 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €3,630.00
- Tax on coupons
- -€453.72
- Redemption of the nominal
- €11,000.00
- Capital gain
- €1,159.40
- Capital gain tax
- -€144.93
- Net gain at maturity
- €4,054.42
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,840.60 |
| 20/10/2026 | Gross accrued interest | -€155.81 |
| 20/10/2026 | Tax credit on accrued interest | €19.48 |
| 15/04/2027 | Gross coupon | €302.50 |
| 15/04/2027 | Tax on the coupon | -€37.81 |
| 15/04/2028 | Gross coupon | €302.50 |
| 15/04/2028 | Tax on the coupon | -€37.81 |
| 15/04/2029 | Gross coupon | €302.50 |
| 15/04/2029 | Tax on the coupon | -€37.81 |
| 15/04/2030 | Gross coupon | €302.50 |
| 15/04/2030 | Tax on the coupon | -€37.81 |
| 15/04/2031 | Gross coupon | €302.50 |
| 15/04/2031 | Tax on the coupon | -€37.81 |
| 15/04/2032 | Gross coupon | €302.50 |
| 15/04/2032 | Tax on the coupon | -€37.81 |
| 15/04/2033 | Gross coupon | €302.50 |
| 15/04/2033 | Tax on the coupon | -€37.81 |
| 15/04/2034 | Gross coupon | €302.50 |
| 15/04/2034 | Tax on the coupon | -€37.81 |
| 15/04/2035 | Gross coupon | €302.50 |
| 15/04/2035 | Tax on the coupon | -€37.81 |
| 15/04/2036 | Gross coupon | €302.50 |
| 15/04/2036 | Tax on the coupon | -€37.81 |
| 15/04/2037 | Gross coupon | €302.50 |
| 15/04/2037 | Tax on the coupon | -€37.81 |
| 15/04/2038 | Gross coupon | €302.50 |
| 15/04/2038 | Tax on the coupon | -€37.81 |
| 15/04/2038 | Redemption of the nominal | €11,000.00 |
| 15/04/2038 | Capital gain tax | -€144.93 |
| Net gain at maturity | €4,054.42 | |
It is the sum of all the movements: €14,649.48 received (coupons, redemption, tax credit on accrued interest) minus €10,595.06 paid (price, accrued interest, commissions and taxes) = €4,054.42. 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.