OAT GREEN BOND TF 0,5% GN44 EUR
FR0014002JM6
DIRECTION GENERALE DU TRESORForeign governmentHi-MTF · MOT
- Last price
- 46.38
- as of 14/10/2026
- Gross yield
- 5.21%
- Net yield
- 4.73%
- Maturity
- 25/06/2044
- 17y 8m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,769.00
- Net gain at maturity
- €11,477.13
- Net yield
- 4.72%
- Gross yield
- 5.21%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 46.38
- Nominal value
- 21,000
- Clean value
- €9,739.80
- Gross accrued interest
- €33.37
- Tax credit on accrued interest
- -€4.17
- Commissions
- €0.00
- Settlement amount
- €9,769.00
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.21% | 4.72% | 5.11% |
| Modified duration | 15.64 | 15.78 | 15.67 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €1,890.00
- Tax on coupons
- -€236.34
- Redemption of the nominal
- €21,000.00
- Capital gain
- €11,260.20
- Capital gain tax
- -€1,407.53
- Net gain at maturity
- €11,477.13
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,739.80 |
| 19/10/2026 | Gross accrued interest | -€33.37 |
| 19/10/2026 | Tax credit on accrued interest | €4.17 |
| 25/06/2027 | Gross coupon | €105.00 |
| 25/06/2027 | Tax on the coupon | -€13.13 |
| 25/06/2028 | Gross coupon | €105.00 |
| 25/06/2028 | Tax on the coupon | -€13.13 |
| 25/06/2029 | Gross coupon | €105.00 |
| 25/06/2029 | Tax on the coupon | -€13.13 |
| 25/06/2030 | Gross coupon | €105.00 |
| 25/06/2030 | Tax on the coupon | -€13.13 |
| 25/06/2031 | Gross coupon | €105.00 |
| 25/06/2031 | Tax on the coupon | -€13.13 |
| 25/06/2032 | Gross coupon | €105.00 |
| 25/06/2032 | Tax on the coupon | -€13.13 |
| 25/06/2033 | Gross coupon | €105.00 |
| 25/06/2033 | Tax on the coupon | -€13.13 |
| 25/06/2034 | Gross coupon | €105.00 |
| 25/06/2034 | Tax on the coupon | -€13.13 |
| 25/06/2035 | Gross coupon | €105.00 |
| 25/06/2035 | Tax on the coupon | -€13.13 |
| 25/06/2036 | Gross coupon | €105.00 |
| 25/06/2036 | Tax on the coupon | -€13.13 |
| 25/06/2037 | Gross coupon | €105.00 |
| 25/06/2037 | Tax on the coupon | -€13.13 |
| 25/06/2038 | Gross coupon | €105.00 |
| 25/06/2038 | Tax on the coupon | -€13.13 |
| 25/06/2039 | Gross coupon | €105.00 |
| 25/06/2039 | Tax on the coupon | -€13.13 |
| 25/06/2040 | Gross coupon | €105.00 |
| 25/06/2040 | Tax on the coupon | -€13.13 |
| 25/06/2041 | Gross coupon | €105.00 |
| 25/06/2041 | Tax on the coupon | -€13.13 |
| 25/06/2042 | Gross coupon | €105.00 |
| 25/06/2042 | Tax on the coupon | -€13.13 |
| 25/06/2043 | Gross coupon | €105.00 |
| 25/06/2043 | Tax on the coupon | -€13.13 |
| 25/06/2044 | Gross coupon | €105.00 |
| 25/06/2044 | Tax on the coupon | -€13.13 |
| 25/06/2044 | Redemption of the nominal | €21,000.00 |
| 25/06/2044 | Capital gain tax | -€1,407.53 |
| Net gain at maturity | €11,477.13 | |
It is the sum of all the movements: €22,894.17 received (coupons, redemption, tax credit on accrued interest) minus €11,417.04 paid (price, accrued interest, commissions and taxes) = €11,477.13. 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.