BTP 0,95% 01/12/2031
IT0005449969
REPUBBLICA ITALIANABTPHi-MTF · MOT
- Last price
- 86.53
- as of 16/10/2026
- Gross yield
- 3.92%
- Net yield
- 3.45%
- Maturity
- 01/12/2031
- 5y 1m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,553.53
- Net gain at maturity
- €1,764.18
- Net yield
- 3.45%
- Gross yield
- 3.91%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 86.53
- Nominal value
- 11,000
- Clean value
- €9,518.30
- Gross accrued interest
- €40.26
- Tax credit on accrued interest
- -€5.03
- Commissions
- €0.00
- Settlement amount
- €9,553.53
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.91% | 3.45% | 3.78% |
| Modified duration | 4.79 | 4.81 | 4.80 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €574.75
- Tax on coupons
- -€71.83
- Redemption of the nominal
- €11,000.00
- Capital gain
- €1,481.70
- Capital gain tax
- -€185.21
- Net gain at maturity
- €1,764.18
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,518.30 |
| 20/10/2026 | Gross accrued interest | -€40.26 |
| 20/10/2026 | Tax credit on accrued interest | €5.03 |
| 01/12/2026 | Gross coupon | €52.25 |
| 01/12/2026 | Tax on the coupon | -€6.53 |
| 01/06/2027 | Gross coupon | €52.25 |
| 01/06/2027 | Tax on the coupon | -€6.53 |
| 01/12/2027 | Gross coupon | €52.25 |
| 01/12/2027 | Tax on the coupon | -€6.53 |
| 01/06/2028 | Gross coupon | €52.25 |
| 01/06/2028 | Tax on the coupon | -€6.53 |
| 01/12/2028 | Gross coupon | €52.25 |
| 01/12/2028 | Tax on the coupon | -€6.53 |
| 01/06/2029 | Gross coupon | €52.25 |
| 01/06/2029 | Tax on the coupon | -€6.53 |
| 01/12/2029 | Gross coupon | €52.25 |
| 01/12/2029 | Tax on the coupon | -€6.53 |
| 01/06/2030 | Gross coupon | €52.25 |
| 01/06/2030 | Tax on the coupon | -€6.53 |
| 01/12/2030 | Gross coupon | €52.25 |
| 01/12/2030 | Tax on the coupon | -€6.53 |
| 01/06/2031 | Gross coupon | €52.25 |
| 01/06/2031 | Tax on the coupon | -€6.53 |
| 01/12/2031 | Gross coupon | €52.25 |
| 01/12/2031 | Tax on the coupon | -€6.53 |
| 01/12/2031 | Redemption of the nominal | €11,000.00 |
| 01/12/2031 | Capital gain tax | -€185.21 |
| Net gain at maturity | €1,764.18 | |
It is the sum of all the movements: €11,579.78 received (coupons, redemption, tax credit on accrued interest) minus €9,815.60 paid (price, accrued interest, commissions and taxes) = €1,764.18. 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.