OAT TF 1,75% MG66 EUR
FR0013154028
DIRECTION GENERALE DU TRESORForeign governmentHi-MTF · MOT
- Last price
- 42.64
- as of 16/10/2026
- Gross yield
- 5.19%
- Net yield
- 4.67%
- Maturity
- 25/05/2066
- 39y 7m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
- Settlement amount
- €9,950.01
- Net gain at maturity
- €25,488.49
- Net yield
- 4.67%
- Gross yield
- 5.19%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 42.64
- Nominal value
- 23,000
- Clean value
- €9,807.20
- Gross accrued interest
- €163.21
- Tax credit on accrued interest
- -€20.40
- Commissions
- €0.00
- Settlement amount
- €9,950.01
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.19% | 4.67% | 4.79% |
| Modified duration | 20.74 | 21.88 | 21.62 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €16,100.00
- Tax on coupons
- -€2,012.40
- Redemption of the nominal
- €23,000.00
- Capital gain
- €13,192.80
- Capital gain tax
- -€1,649.10
- Net gain at maturity
- €25,488.49
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,807.20 |
| 20/10/2026 | Gross accrued interest | -€163.21 |
| 20/10/2026 | Tax credit on accrued interest | €20.40 |
| 25/05/2027 | Gross coupon | €402.50 |
| 25/05/2027 | Tax on the coupon | -€50.31 |
| 25/05/2028 | Gross coupon | €402.50 |
| 25/05/2028 | Tax on the coupon | -€50.31 |
| 25/05/2029 | Gross coupon | €402.50 |
| 25/05/2029 | Tax on the coupon | -€50.31 |
| 25/05/2030 | Gross coupon | €402.50 |
| 25/05/2030 | Tax on the coupon | -€50.31 |
| 25/05/2031 | Gross coupon | €402.50 |
| 25/05/2031 | Tax on the coupon | -€50.31 |
| 25/05/2032 | Gross coupon | €402.50 |
| 25/05/2032 | Tax on the coupon | -€50.31 |
| 25/05/2033 | Gross coupon | €402.50 |
| 25/05/2033 | Tax on the coupon | -€50.31 |
| 25/05/2034 | Gross coupon | €402.50 |
| 25/05/2034 | Tax on the coupon | -€50.31 |
| 25/05/2035 | Gross coupon | €402.50 |
| 25/05/2035 | Tax on the coupon | -€50.31 |
| 25/05/2036 | Gross coupon | €402.50 |
| 25/05/2036 | Tax on the coupon | -€50.31 |
| 25/05/2037 | Gross coupon | €402.50 |
| 25/05/2037 | Tax on the coupon | -€50.31 |
| 25/05/2038 | Gross coupon | €402.50 |
| 25/05/2038 | Tax on the coupon | -€50.31 |
| 25/05/2039 | Gross coupon | €402.50 |
| 25/05/2039 | Tax on the coupon | -€50.31 |
| 25/05/2040 | Gross coupon | €402.50 |
| 25/05/2040 | Tax on the coupon | -€50.31 |
| 25/05/2041 | Gross coupon | €402.50 |
| 25/05/2041 | Tax on the coupon | -€50.31 |
| 25/05/2042 | Gross coupon | €402.50 |
| 25/05/2042 | Tax on the coupon | -€50.31 |
| 25/05/2043 | Gross coupon | €402.50 |
| 25/05/2043 | Tax on the coupon | -€50.31 |
| 25/05/2044 | Gross coupon | €402.50 |
| 25/05/2044 | Tax on the coupon | -€50.31 |
| 25/05/2045 | Gross coupon | €402.50 |
| 25/05/2045 | Tax on the coupon | -€50.31 |
| 25/05/2046 | Gross coupon | €402.50 |
| 25/05/2046 | Tax on the coupon | -€50.31 |
| 25/05/2047 | Gross coupon | €402.50 |
| 25/05/2047 | Tax on the coupon | -€50.31 |
| 25/05/2048 | Gross coupon | €402.50 |
| 25/05/2048 | Tax on the coupon | -€50.31 |
| 25/05/2049 | Gross coupon | €402.50 |
| 25/05/2049 | Tax on the coupon | -€50.31 |
| 25/05/2050 | Gross coupon | €402.50 |
| 25/05/2050 | Tax on the coupon | -€50.31 |
| 25/05/2051 | Gross coupon | €402.50 |
| 25/05/2051 | Tax on the coupon | -€50.31 |
| 25/05/2052 | Gross coupon | €402.50 |
| 25/05/2052 | Tax on the coupon | -€50.31 |
| 25/05/2053 | Gross coupon | €402.50 |
| 25/05/2053 | Tax on the coupon | -€50.31 |
| 25/05/2054 | Gross coupon | €402.50 |
| 25/05/2054 | Tax on the coupon | -€50.31 |
| 25/05/2055 | Gross coupon | €402.50 |
| 25/05/2055 | Tax on the coupon | -€50.31 |
| 25/05/2056 | Gross coupon | €402.50 |
| 25/05/2056 | Tax on the coupon | -€50.31 |
| 25/05/2057 | Gross coupon | €402.50 |
| 25/05/2057 | Tax on the coupon | -€50.31 |
| 25/05/2058 | Gross coupon | €402.50 |
| 25/05/2058 | Tax on the coupon | -€50.31 |
| 25/05/2059 | Gross coupon | €402.50 |
| 25/05/2059 | Tax on the coupon | -€50.31 |
| 25/05/2060 | Gross coupon | €402.50 |
| 25/05/2060 | Tax on the coupon | -€50.31 |
| 25/05/2061 | Gross coupon | €402.50 |
| 25/05/2061 | Tax on the coupon | -€50.31 |
| 25/05/2062 | Gross coupon | €402.50 |
| 25/05/2062 | Tax on the coupon | -€50.31 |
| 25/05/2063 | Gross coupon | €402.50 |
| 25/05/2063 | Tax on the coupon | -€50.31 |
| 25/05/2064 | Gross coupon | €402.50 |
| 25/05/2064 | Tax on the coupon | -€50.31 |
| 25/05/2065 | Gross coupon | €402.50 |
| 25/05/2065 | Tax on the coupon | -€50.31 |
| 25/05/2066 | Gross coupon | €402.50 |
| 25/05/2066 | Tax on the coupon | -€50.31 |
| 25/05/2066 | Redemption of the nominal | €23,000.00 |
| 25/05/2066 | Capital gain tax | -€1,649.10 |
| Net gain at maturity | €25,488.49 | |
It is the sum of all the movements: €39,120.40 received (coupons, redemption, tax credit on accrued interest) minus €13,631.91 paid (price, accrued interest, commissions and taxes) = €25,488.49. 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.