CREDEM SOCIAL FX 3.25% APR29 EST COV EUR
IT0005579294
CREDITO EMILIANO S.P.A. ABBREVIABILE IN CREDEMBANCA E IN CREDEMCorporateExtraMOT
- Last price
- 99.60
- as of 13/10/2026
- Gross yield
- 3.41%
- Net yield
- 2.53%
- Maturity
- 18/04/2029
- 2y 6m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,073.70
- Net gain at maturity
- €566.29
- Net yield
- 2.53%
- Gross yield
- 3.41%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 99.60
- Nominal value
- 9,000
- Clean value
- €8,964.00
- Gross accrued interest
- €148.25
- Tax credit on accrued interest
- -€38.55
- Commissions
- €0.00
- Settlement amount
- €9,073.70
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.41% | 2.53% | 2.57% |
| Modified duration | 2.32 | 2.34 | 2.34 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €877.50
- Tax on coupons
- -€228.15
- Redemption of the nominal
- €9,000.00
- Capital gain
- €36.00
- Capital gain tax
- -€9.36
- Net gain at maturity
- €566.29
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€8,964.00 |
| 20/10/2026 | Gross accrued interest | -€148.25 |
| 20/10/2026 | Tax credit on accrued interest | €38.55 |
| 18/04/2027 | Gross coupon | €292.50 |
| 18/04/2027 | Tax on the coupon | -€76.05 |
| 18/04/2028 | Gross coupon | €292.50 |
| 18/04/2028 | Tax on the coupon | -€76.05 |
| 18/04/2029 | Gross coupon | €292.50 |
| 18/04/2029 | Tax on the coupon | -€76.05 |
| 18/04/2029 | Redemption of the nominal | €9,000.00 |
| 18/04/2029 | Capital gain tax | -€9.36 |
| Net gain at maturity | €566.29 | |
It is the sum of all the movements: €9,916.05 received (coupons, redemption, tax credit on accrued interest) minus €9,349.76 paid (price, accrued interest, commissions and taxes) = €566.29. 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, 26% 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.