BTP 2,2% 01/06/2027
IT0005240830
REPUBBLICA ITALIANABTPHi-MTF · MOT
- Last price
- 99.51
- as of 16/10/2026
- Gross yield
- 3.02%
- Net yield
- 2.64%
- Maturity
- 01/06/2027
- 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
Change the values: every figure updates at once. The page link keeps the simulation.
- Settlement amount
- €9,023.00
- Net gain at maturity
- €144.77
- Net yield
- 2.65%
- Gross yield
- 3.03%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 99.51
- Nominal value
- 9,000
- Clean value
- €8,956.26
- Gross accrued interest
- €76.28
- Tax credit on accrued interest
- -€9.54
- Commissions
- €0.00
- Settlement amount
- €9,023.00
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.03% | 2.65% | 2.75% |
| Modified duration | 0.59 | 0.59 | 0.59 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €198.00
- Tax on coupons
- -€24.76
- Redemption of the nominal
- €9,000.00
- Capital gain
- €43.74
- Capital gain tax
- -€5.47
- Net gain at maturity
- €144.77
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€8,956.26 |
| 20/10/2026 | Gross accrued interest | -€76.28 |
| 20/10/2026 | Tax credit on accrued interest | €9.54 |
| 01/12/2026 | Gross coupon | €99.00 |
| 01/12/2026 | Tax on the coupon | -€12.38 |
| 01/06/2027 | Gross coupon | €99.00 |
| 01/06/2027 | Tax on the coupon | -€12.38 |
| 01/06/2027 | Redemption of the nominal | €9,000.00 |
| 01/06/2027 | Capital gain tax | -€5.47 |
| Net gain at maturity | €144.77 | |
It is the sum of all the movements: €9,207.54 received (coupons, redemption, tax credit on accrued interest) minus €9,062.77 paid (price, accrued interest, commissions and taxes) = €144.77. 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.