OAT TF 0% NV30 EUR
FR0013516549
DIRECTION GENERALE DU TRESORForeign governmentHi-MTF · MOT
- Last price
- 85.00
- as of 14/10/2026
- Gross yield
- 4.03%
- Net yield
- 3.55%
- Maturity
- 25/11/2030
- 4y 1m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
Change the values: every figure updates at once. The page link keeps the simulation.
- Settlement amount
- €9,350.00
- Net gain at maturity
- €1,443.75
- Net yield
- 3.56%
- Gross yield
- 4.04%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 85.00
- Nominal value
- 11,000
- Clean value
- €9,350.00
- Gross accrued interest
- €0.00
- Commissions
- €0.00
- Settlement amount
- €9,350.00
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.04% | 3.56% | 4.04% |
| Modified duration | 3.94 | 3.96 | 3.94 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €0.00
- Redemption of the nominal
- €11,000.00
- Capital gain
- €1,650.00
- Capital gain tax
- -€206.25
- Net gain at maturity
- €1,443.75
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,350.00 |
| 25/11/2030 | Redemption of the nominal | €11,000.00 |
| 25/11/2030 | Capital gain tax | -€206.25 |
| Net gain at maturity | €1,443.75 | |
It is the sum of all the movements: €11,000.00 received (coupons, redemption, tax credit on accrued interest) minus €9,556.25 paid (price, accrued interest, commissions and taxes) = €1,443.75. 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.