HUNGARY TF 3% OT38 HUF

HU0000403555HungaryMagyarországForeign governmentMOT

Last price
79.15
as of 15/10/2026
Gross yield
5.40%
Net yield
4.78%
Maturity
27/10/2038
12y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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HUF

Last price: 79.15 on 15/10/2026

Commissions
%
€
€

Percent of the order value, with a minimum and a maximum in euro (empty maximum = no limit). For a flat fee enter only the minimum.

Amounts are in HUF, the bond currency: exchange rate effects (and their taxation) are not considered.
Settlement amount
HUF 8,172
Net gain at maturity
HUF 4,979
Net yield
4.78%
Gross yield
5.40%

Order details

Settlement date
20/10/2026
Purchase price (clean)
79.15
Nominal value
10,000
Clean value
HUF 7,915
Gross accrued interest
HUF 294
Tax credit on accrued interest
-HUF 37
Commissions
HUF 0
Settlement amount
HUF 8,172

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.40%4.78%4.97%
Modified duration9.169.309.25

The last column applies when the capital gain is offset by earlier capital losses.

Outcome at maturity

Gross coupons
HUF 3,900
Tax on coupons
-HUF 488
Redemption of the nominal
HUF 10,000
Capital gain
HUF 2,085
Capital gain tax
-HUF 261
Net gain at maturity
HUF 4,979

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-HUF 7,915
20/10/2026Gross accrued interest-HUF 294
20/10/2026Tax credit on accrued interestHUF 37
27/10/2026Gross couponHUF 300
27/10/2026Tax on the coupon-HUF 38
27/10/2027Gross couponHUF 300
27/10/2027Tax on the coupon-HUF 38
27/10/2028Gross couponHUF 300
27/10/2028Tax on the coupon-HUF 38
27/10/2029Gross couponHUF 300
27/10/2029Tax on the coupon-HUF 38
27/10/2030Gross couponHUF 300
27/10/2030Tax on the coupon-HUF 38
27/10/2031Gross couponHUF 300
27/10/2031Tax on the coupon-HUF 38
27/10/2032Gross couponHUF 300
27/10/2032Tax on the coupon-HUF 38
27/10/2033Gross couponHUF 300
27/10/2033Tax on the coupon-HUF 38
27/10/2034Gross couponHUF 300
27/10/2034Tax on the coupon-HUF 38
27/10/2035Gross couponHUF 300
27/10/2035Tax on the coupon-HUF 38
27/10/2036Gross couponHUF 300
27/10/2036Tax on the coupon-HUF 38
27/10/2037Gross couponHUF 300
27/10/2037Tax on the coupon-HUF 38
27/10/2038Gross couponHUF 300
27/10/2038Tax on the coupon-HUF 38
27/10/2038Redemption of the nominalHUF 10,000
27/10/2038Capital gain tax-HUF 261
Net gain at maturityHUF 4,979

It is the sum of all the movements: HUF 13,937 received (coupons, redemption, tax credit on accrued interest) minus HUF 8,957 paid (price, accrued interest, commissions and taxes) = HUF 4,979. 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.