GGB TF 3,875% MZ29 EUR
GR0124035693
ΕΛΛΗΝΙΚΗ ΔΗΜΟΚΡΑΤΙΑ-ΥΠΟΥΡΓΕΙΟ ΕΘΝΙΚΗΣ ΟΙΚΟΝΟΜΙΑΣ ΚΑΙ ΟΙΚΟΝΟΜΙΚΩΝForeign governmentMOT
- Last price
- 101.05
- as of 13/10/2026
- Gross yield
- 3.41%
- Net yield
- 2.93%
- Maturity
- 12/03/2029
- 2y 5m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,279.26
- Net gain at maturity
- €636.22
- Net yield
- 2.92%
- Gross yield
- 3.40%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 101.05
- Nominal value
- 9,000
- Clean value
- €9,094.50
- Gross accrued interest
- €211.16
- Tax credit on accrued interest
- -€26.40
- Commissions
- €0.00
- Settlement amount
- €9,279.26
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.40% | 2.92% | 2.92% |
| Modified duration | 2.21 | 2.22 | 2.22 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €1,046.25
- Tax on coupons
- -€130.77
- Redemption of the nominal
- €9,000.00
- Capital loss
- -€94.50
- Capital gain tax
- -€0.00
- Net gain at maturity
- €636.22
No tax: in Italy the capital loss can offset capital gains of the next four years.
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,094.50 |
| 19/10/2026 | Gross accrued interest | -€211.16 |
| 19/10/2026 | Tax credit on accrued interest | €26.40 |
| 12/03/2027 | Gross coupon | €348.75 |
| 12/03/2027 | Tax on the coupon | -€43.59 |
| 12/03/2028 | Gross coupon | €348.75 |
| 12/03/2028 | Tax on the coupon | -€43.59 |
| 12/03/2029 | Gross coupon | €348.75 |
| 12/03/2029 | Tax on the coupon | -€43.59 |
| 12/03/2029 | Redemption of the nominal | €9,000.00 |
| Net gain at maturity | €636.22 | |
It is the sum of all the movements: €10,072.65 received (coupons, redemption, tax credit on accrued interest) minus €9,436.43 paid (price, accrued interest, commissions and taxes) = €636.22. 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.