BTP 2,15% 01/03/2072
IT0005441883
REPUBBLICA ITALIANABTPHi-MTF · MOT
- Last price
- 53.23
- as of 16/10/2026
- Gross yield
- 4.68%
- Net yield
- 4.17%
- Maturity
- 01/03/2072
- 45y 4m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,627.23
- Net gain at maturity
- €22,727.65
- Net yield
- 4.16%
- Gross yield
- 4.67%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 53.23
- Nominal value
- 18,000
- Clean value
- €9,581.40
- Gross accrued interest
- €52.38
- Tax credit on accrued interest
- -€6.55
- Commissions
- €0.00
- Settlement amount
- €9,627.23
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.67% | 4.16% | 4.24% |
| Modified duration | 21.52 | 22.90 | 22.70 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €17,608.50
- Tax on coupons
- -€2,201.29
- Redemption of the nominal
- €18,000.00
- Capital gain
- €8,418.60
- Capital gain tax
- -€1,052.33
- Net gain at maturity
- €22,727.65
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,581.40 |
| 20/10/2026 | Gross accrued interest | -€52.38 |
| 20/10/2026 | Tax credit on accrued interest | €6.55 |
| 01/03/2027 | Gross coupon | €193.50 |
| 01/03/2027 | Tax on the coupon | -€24.19 |
| 01/09/2027 | Gross coupon | €193.50 |
| 01/09/2027 | Tax on the coupon | -€24.19 |
| 01/03/2028 | Gross coupon | €193.50 |
| 01/03/2028 | Tax on the coupon | -€24.19 |
| 01/09/2028 | Gross coupon | €193.50 |
| 01/09/2028 | Tax on the coupon | -€24.19 |
| 01/03/2029 | Gross coupon | €193.50 |
| 01/03/2029 | Tax on the coupon | -€24.19 |
| 01/09/2029 | Gross coupon | €193.50 |
| 01/09/2029 | Tax on the coupon | -€24.19 |
| 01/03/2030 | Gross coupon | €193.50 |
| 01/03/2030 | Tax on the coupon | -€24.19 |
| 01/09/2030 | Gross coupon | €193.50 |
| 01/09/2030 | Tax on the coupon | -€24.19 |
| 01/03/2031 | Gross coupon | €193.50 |
| 01/03/2031 | Tax on the coupon | -€24.19 |
| 01/09/2031 | Gross coupon | €193.50 |
| 01/09/2031 | Tax on the coupon | -€24.19 |
| 01/03/2032 | Gross coupon | €193.50 |
| 01/03/2032 | Tax on the coupon | -€24.19 |
| 01/09/2032 | Gross coupon | €193.50 |
| 01/09/2032 | Tax on the coupon | -€24.19 |
| 01/03/2033 | Gross coupon | €193.50 |
| 01/03/2033 | Tax on the coupon | -€24.19 |
| 01/09/2033 | Gross coupon | €193.50 |
| 01/09/2033 | Tax on the coupon | -€24.19 |
| 01/03/2034 | Gross coupon | €193.50 |
| 01/03/2034 | Tax on the coupon | -€24.19 |
| 01/09/2034 | Gross coupon | €193.50 |
| 01/09/2034 | Tax on the coupon | -€24.19 |
| 01/03/2035 | Gross coupon | €193.50 |
| 01/03/2035 | Tax on the coupon | -€24.19 |
| 01/09/2035 | Gross coupon | €193.50 |
| 01/09/2035 | Tax on the coupon | -€24.19 |
| 01/03/2036 | Gross coupon | €193.50 |
| 01/03/2036 | Tax on the coupon | -€24.19 |
| 01/09/2036 | Gross coupon | €193.50 |
| 01/09/2036 | Tax on the coupon | -€24.19 |
| 01/03/2037 | Gross coupon | €193.50 |
| 01/03/2037 | Tax on the coupon | -€24.19 |
| 01/09/2037 | Gross coupon | €193.50 |
| 01/09/2037 | Tax on the coupon | -€24.19 |
| 01/03/2038 | Gross coupon | €193.50 |
| 01/03/2038 | Tax on the coupon | -€24.19 |
| 01/09/2038 | Gross coupon | €193.50 |
| 01/09/2038 | Tax on the coupon | -€24.19 |
| 01/03/2039 | Gross coupon | €193.50 |
| 01/03/2039 | Tax on the coupon | -€24.19 |
| 01/09/2039 | Gross coupon | €193.50 |
| 01/09/2039 | Tax on the coupon | -€24.19 |
| 01/03/2040 | Gross coupon | €193.50 |
| 01/03/2040 | Tax on the coupon | -€24.19 |
| 01/09/2040 | Gross coupon | €193.50 |
| 01/09/2040 | Tax on the coupon | -€24.19 |
| 01/03/2041 | Gross coupon | €193.50 |
| 01/03/2041 | Tax on the coupon | -€24.19 |
| 01/09/2041 | Gross coupon | €193.50 |
| 01/09/2041 | Tax on the coupon | -€24.19 |
| 01/03/2042 | Gross coupon | €193.50 |
| 01/03/2042 | Tax on the coupon | -€24.19 |
| 01/09/2042 | Gross coupon | €193.50 |
| 01/09/2042 | Tax on the coupon | -€24.19 |
| 01/03/2043 | Gross coupon | €193.50 |
| 01/03/2043 | Tax on the coupon | -€24.19 |
| 01/09/2043 | Gross coupon | €193.50 |
| 01/09/2043 | Tax on the coupon | -€24.19 |
| 01/03/2044 | Gross coupon | €193.50 |
| 01/03/2044 | Tax on the coupon | -€24.19 |
| 01/09/2044 | Gross coupon | €193.50 |
| 01/09/2044 | Tax on the coupon | -€24.19 |
| 01/03/2045 | Gross coupon | €193.50 |
| 01/03/2045 | Tax on the coupon | -€24.19 |
| 01/09/2045 | Gross coupon | €193.50 |
| 01/09/2045 | Tax on the coupon | -€24.19 |
| 01/03/2046 | Gross coupon | €193.50 |
| 01/03/2046 | Tax on the coupon | -€24.19 |
| 01/09/2046 | Gross coupon | €193.50 |
| 01/09/2046 | Tax on the coupon | -€24.19 |
| 01/03/2047 | Gross coupon | €193.50 |
| 01/03/2047 | Tax on the coupon | -€24.19 |
| 01/09/2047 | Gross coupon | €193.50 |
| 01/09/2047 | Tax on the coupon | -€24.19 |
| 01/03/2048 | Gross coupon | €193.50 |
| 01/03/2048 | Tax on the coupon | -€24.19 |
| 01/09/2048 | Gross coupon | €193.50 |
| 01/09/2048 | Tax on the coupon | -€24.19 |
| 01/03/2049 | Gross coupon | €193.50 |
| 01/03/2049 | Tax on the coupon | -€24.19 |
| 01/09/2049 | Gross coupon | €193.50 |
| 01/09/2049 | Tax on the coupon | -€24.19 |
| 01/03/2050 | Gross coupon | €193.50 |
| 01/03/2050 | Tax on the coupon | -€24.19 |
| 01/09/2050 | Gross coupon | €193.50 |
| 01/09/2050 | Tax on the coupon | -€24.19 |
| 01/03/2051 | Gross coupon | €193.50 |
| 01/03/2051 | Tax on the coupon | -€24.19 |
| 01/09/2051 | Gross coupon | €193.50 |
| 01/09/2051 | Tax on the coupon | -€24.19 |
| 01/03/2052 | Gross coupon | €193.50 |
| 01/03/2052 | Tax on the coupon | -€24.19 |
| 01/09/2052 | Gross coupon | €193.50 |
| 01/09/2052 | Tax on the coupon | -€24.19 |
| 01/03/2053 | Gross coupon | €193.50 |
| 01/03/2053 | Tax on the coupon | -€24.19 |
| 01/09/2053 | Gross coupon | €193.50 |
| 01/09/2053 | Tax on the coupon | -€24.19 |
| 01/03/2054 | Gross coupon | €193.50 |
| 01/03/2054 | Tax on the coupon | -€24.19 |
| 01/09/2054 | Gross coupon | €193.50 |
| 01/09/2054 | Tax on the coupon | -€24.19 |
| 01/03/2055 | Gross coupon | €193.50 |
| 01/03/2055 | Tax on the coupon | -€24.19 |
| 01/09/2055 | Gross coupon | €193.50 |
| 01/09/2055 | Tax on the coupon | -€24.19 |
| 01/03/2056 | Gross coupon | €193.50 |
| 01/03/2056 | Tax on the coupon | -€24.19 |
| 01/09/2056 | Gross coupon | €193.50 |
| 01/09/2056 | Tax on the coupon | -€24.19 |
| 01/03/2057 | Gross coupon | €193.50 |
| 01/03/2057 | Tax on the coupon | -€24.19 |
| 01/09/2057 | Gross coupon | €193.50 |
| 01/09/2057 | Tax on the coupon | -€24.19 |
| 01/03/2058 | Gross coupon | €193.50 |
| 01/03/2058 | Tax on the coupon | -€24.19 |
| 01/09/2058 | Gross coupon | €193.50 |
| 01/09/2058 | Tax on the coupon | -€24.19 |
| 01/03/2059 | Gross coupon | €193.50 |
| 01/03/2059 | Tax on the coupon | -€24.19 |
| 01/09/2059 | Gross coupon | €193.50 |
| 01/09/2059 | Tax on the coupon | -€24.19 |
| 01/03/2060 | Gross coupon | €193.50 |
| 01/03/2060 | Tax on the coupon | -€24.19 |
| 01/09/2060 | Gross coupon | €193.50 |
| 01/09/2060 | Tax on the coupon | -€24.19 |
| 01/03/2061 | Gross coupon | €193.50 |
| 01/03/2061 | Tax on the coupon | -€24.19 |
| 01/09/2061 | Gross coupon | €193.50 |
| 01/09/2061 | Tax on the coupon | -€24.19 |
| 01/03/2062 | Gross coupon | €193.50 |
| 01/03/2062 | Tax on the coupon | -€24.19 |
| 01/09/2062 | Gross coupon | €193.50 |
| 01/09/2062 | Tax on the coupon | -€24.19 |
| 01/03/2063 | Gross coupon | €193.50 |
| 01/03/2063 | Tax on the coupon | -€24.19 |
| 01/09/2063 | Gross coupon | €193.50 |
| 01/09/2063 | Tax on the coupon | -€24.19 |
| 01/03/2064 | Gross coupon | €193.50 |
| 01/03/2064 | Tax on the coupon | -€24.19 |
| 01/09/2064 | Gross coupon | €193.50 |
| 01/09/2064 | Tax on the coupon | -€24.19 |
| 01/03/2065 | Gross coupon | €193.50 |
| 01/03/2065 | Tax on the coupon | -€24.19 |
| 01/09/2065 | Gross coupon | €193.50 |
| 01/09/2065 | Tax on the coupon | -€24.19 |
| 01/03/2066 | Gross coupon | €193.50 |
| 01/03/2066 | Tax on the coupon | -€24.19 |
| 01/09/2066 | Gross coupon | €193.50 |
| 01/09/2066 | Tax on the coupon | -€24.19 |
| 01/03/2067 | Gross coupon | €193.50 |
| 01/03/2067 | Tax on the coupon | -€24.19 |
| 01/09/2067 | Gross coupon | €193.50 |
| 01/09/2067 | Tax on the coupon | -€24.19 |
| 01/03/2068 | Gross coupon | €193.50 |
| 01/03/2068 | Tax on the coupon | -€24.19 |
| 01/09/2068 | Gross coupon | €193.50 |
| 01/09/2068 | Tax on the coupon | -€24.19 |
| 01/03/2069 | Gross coupon | €193.50 |
| 01/03/2069 | Tax on the coupon | -€24.19 |
| 01/09/2069 | Gross coupon | €193.50 |
| 01/09/2069 | Tax on the coupon | -€24.19 |
| 01/03/2070 | Gross coupon | €193.50 |
| 01/03/2070 | Tax on the coupon | -€24.19 |
| 01/09/2070 | Gross coupon | €193.50 |
| 01/09/2070 | Tax on the coupon | -€24.19 |
| 01/03/2071 | Gross coupon | €193.50 |
| 01/03/2071 | Tax on the coupon | -€24.19 |
| 01/09/2071 | Gross coupon | €193.50 |
| 01/09/2071 | Tax on the coupon | -€24.19 |
| 01/03/2072 | Gross coupon | €193.50 |
| 01/03/2072 | Tax on the coupon | -€24.19 |
| 01/03/2072 | Redemption of the nominal | €18,000.00 |
| 01/03/2072 | Capital gain tax | -€1,052.33 |
| Net gain at maturity | €22,727.65 | |
It is the sum of all the movements: €35,615.05 received (coupons, redemption, tax credit on accrued interest) minus €12,887.40 paid (price, accrued interest, commissions and taxes) = €22,727.65. 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.