OATEI 0,1% LG47 EUR
FR0013209871
DIRECTION GENERALE DU TRESORForeign governmentMOT
- Last price
- 56.40
- as of 14/10/2026
- Gross yield
- 2.93%
- Net yield
- 2.64%
- Maturity
- 25/07/2047
- 20y 9m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,591.51
- Net gain at maturity
- €6,794.26
- Net yield
- 2.64%
- Gross yield
- 2.93%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 56.40
- Nominal value
- 17,000
- Clean value
- €9,588.00
- Gross accrued interest
- €4.01
- Tax credit on accrued interest
- -€0.50
- Commissions
- €0.00
- Settlement amount
- €9,591.51
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 2.93% | 2.64% | 2.91% |
| Modified duration | 19.89 | 19.96 | 19.89 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €357.00
- Tax on coupons
- -€44.73
- Redemption of the nominal
- €17,000.00
- Capital gain
- €7,412.00
- Capital gain tax
- -€926.50
- Net gain at maturity
- €6,794.26
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,588.00 |
| 19/10/2026 | Gross accrued interest | -€4.01 |
| 19/10/2026 | Tax credit on accrued interest | €0.50 |
| 25/07/2027 | Gross coupon | €17.00 |
| 25/07/2027 | Tax on the coupon | -€2.13 |
| 25/07/2028 | Gross coupon | €17.00 |
| 25/07/2028 | Tax on the coupon | -€2.13 |
| 25/07/2029 | Gross coupon | €17.00 |
| 25/07/2029 | Tax on the coupon | -€2.13 |
| 25/07/2030 | Gross coupon | €17.00 |
| 25/07/2030 | Tax on the coupon | -€2.13 |
| 25/07/2031 | Gross coupon | €17.00 |
| 25/07/2031 | Tax on the coupon | -€2.13 |
| 25/07/2032 | Gross coupon | €17.00 |
| 25/07/2032 | Tax on the coupon | -€2.13 |
| 25/07/2033 | Gross coupon | €17.00 |
| 25/07/2033 | Tax on the coupon | -€2.13 |
| 25/07/2034 | Gross coupon | €17.00 |
| 25/07/2034 | Tax on the coupon | -€2.13 |
| 25/07/2035 | Gross coupon | €17.00 |
| 25/07/2035 | Tax on the coupon | -€2.13 |
| 25/07/2036 | Gross coupon | €17.00 |
| 25/07/2036 | Tax on the coupon | -€2.13 |
| 25/07/2037 | Gross coupon | €17.00 |
| 25/07/2037 | Tax on the coupon | -€2.13 |
| 25/07/2038 | Gross coupon | €17.00 |
| 25/07/2038 | Tax on the coupon | -€2.13 |
| 25/07/2039 | Gross coupon | €17.00 |
| 25/07/2039 | Tax on the coupon | -€2.13 |
| 25/07/2040 | Gross coupon | €17.00 |
| 25/07/2040 | Tax on the coupon | -€2.13 |
| 25/07/2041 | Gross coupon | €17.00 |
| 25/07/2041 | Tax on the coupon | -€2.13 |
| 25/07/2042 | Gross coupon | €17.00 |
| 25/07/2042 | Tax on the coupon | -€2.13 |
| 25/07/2043 | Gross coupon | €17.00 |
| 25/07/2043 | Tax on the coupon | -€2.13 |
| 25/07/2044 | Gross coupon | €17.00 |
| 25/07/2044 | Tax on the coupon | -€2.13 |
| 25/07/2045 | Gross coupon | €17.00 |
| 25/07/2045 | Tax on the coupon | -€2.13 |
| 25/07/2046 | Gross coupon | €17.00 |
| 25/07/2046 | Tax on the coupon | -€2.13 |
| 25/07/2047 | Gross coupon | €17.00 |
| 25/07/2047 | Tax on the coupon | -€2.13 |
| 25/07/2047 | Redemption of the nominal | €17,000.00 |
| 25/07/2047 | Capital gain tax | -€926.50 |
| Net gain at maturity | €6,794.26 | |
It is the sum of all the movements: €17,357.50 received (coupons, redemption, tax credit on accrued interest) minus €10,563.24 paid (price, accrued interest, commissions and taxes) = €6,794.26. 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.