OAT TF 0,75% MG53 EUR
FR0014004J31
DIRECTION GENERALE DU TRESORForeign governmentHi-MTF · MOT
- Last price
- 36.70
- as of 16/10/2026
- Gross yield
- 5.19%
- Net yield
- 4.74%
- Maturity
- 25/05/2053
- 26y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,980.85
- Net gain at maturity
- €19,666.90
- Net yield
- 4.73%
- Gross yield
- 5.19%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 36.70
- Nominal value
- 27,000
- Clean value
- €9,909.00
- Gross accrued interest
- €82.11
- Tax credit on accrued interest
- -€10.26
- Commissions
- €0.00
- Settlement amount
- €9,980.85
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.19% | 4.73% | 5.02% |
| Modified duration | 20.79 | 21.16 | 20.93 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €5,467.50
- Tax on coupons
- -€683.37
- Redemption of the nominal
- €27,000.00
- Capital gain
- €17,091.00
- Capital gain tax
- -€2,136.38
- Net gain at maturity
- €19,666.90
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,909.00 |
| 20/10/2026 | Gross accrued interest | -€82.11 |
| 20/10/2026 | Tax credit on accrued interest | €10.26 |
| 25/05/2027 | Gross coupon | €202.50 |
| 25/05/2027 | Tax on the coupon | -€25.31 |
| 25/05/2028 | Gross coupon | €202.50 |
| 25/05/2028 | Tax on the coupon | -€25.31 |
| 25/05/2029 | Gross coupon | €202.50 |
| 25/05/2029 | Tax on the coupon | -€25.31 |
| 25/05/2030 | Gross coupon | €202.50 |
| 25/05/2030 | Tax on the coupon | -€25.31 |
| 25/05/2031 | Gross coupon | €202.50 |
| 25/05/2031 | Tax on the coupon | -€25.31 |
| 25/05/2032 | Gross coupon | €202.50 |
| 25/05/2032 | Tax on the coupon | -€25.31 |
| 25/05/2033 | Gross coupon | €202.50 |
| 25/05/2033 | Tax on the coupon | -€25.31 |
| 25/05/2034 | Gross coupon | €202.50 |
| 25/05/2034 | Tax on the coupon | -€25.31 |
| 25/05/2035 | Gross coupon | €202.50 |
| 25/05/2035 | Tax on the coupon | -€25.31 |
| 25/05/2036 | Gross coupon | €202.50 |
| 25/05/2036 | Tax on the coupon | -€25.31 |
| 25/05/2037 | Gross coupon | €202.50 |
| 25/05/2037 | Tax on the coupon | -€25.31 |
| 25/05/2038 | Gross coupon | €202.50 |
| 25/05/2038 | Tax on the coupon | -€25.31 |
| 25/05/2039 | Gross coupon | €202.50 |
| 25/05/2039 | Tax on the coupon | -€25.31 |
| 25/05/2040 | Gross coupon | €202.50 |
| 25/05/2040 | Tax on the coupon | -€25.31 |
| 25/05/2041 | Gross coupon | €202.50 |
| 25/05/2041 | Tax on the coupon | -€25.31 |
| 25/05/2042 | Gross coupon | €202.50 |
| 25/05/2042 | Tax on the coupon | -€25.31 |
| 25/05/2043 | Gross coupon | €202.50 |
| 25/05/2043 | Tax on the coupon | -€25.31 |
| 25/05/2044 | Gross coupon | €202.50 |
| 25/05/2044 | Tax on the coupon | -€25.31 |
| 25/05/2045 | Gross coupon | €202.50 |
| 25/05/2045 | Tax on the coupon | -€25.31 |
| 25/05/2046 | Gross coupon | €202.50 |
| 25/05/2046 | Tax on the coupon | -€25.31 |
| 25/05/2047 | Gross coupon | €202.50 |
| 25/05/2047 | Tax on the coupon | -€25.31 |
| 25/05/2048 | Gross coupon | €202.50 |
| 25/05/2048 | Tax on the coupon | -€25.31 |
| 25/05/2049 | Gross coupon | €202.50 |
| 25/05/2049 | Tax on the coupon | -€25.31 |
| 25/05/2050 | Gross coupon | €202.50 |
| 25/05/2050 | Tax on the coupon | -€25.31 |
| 25/05/2051 | Gross coupon | €202.50 |
| 25/05/2051 | Tax on the coupon | -€25.31 |
| 25/05/2052 | Gross coupon | €202.50 |
| 25/05/2052 | Tax on the coupon | -€25.31 |
| 25/05/2053 | Gross coupon | €202.50 |
| 25/05/2053 | Tax on the coupon | -€25.31 |
| 25/05/2053 | Redemption of the nominal | €27,000.00 |
| 25/05/2053 | Capital gain tax | -€2,136.38 |
| Net gain at maturity | €19,666.90 | |
It is the sum of all the movements: €32,477.76 received (coupons, redemption, tax credit on accrued interest) minus €12,810.86 paid (price, accrued interest, commissions and taxes) = €19,666.90. 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.