POLAND TF 2,75% OT29 PLN
PL0000111498
MINISTERSTWO FINANSÓWForeign governmentMOT
- Last price
- 93.50
- as of 13/10/2026
- Gross yield
- 5.12%
- Net yield
- 4.49%
- Maturity
- 25/10/2029
- 3y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
Amounts are in PLN, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- PLN 9,586.67
- Net gain at maturity
- PLN 1,294.56
- Net yield
- 4.50%
- Gross yield
- 5.13%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 93.50
- Nominal value
- 10,000
- Clean value
- PLN 9,350.00
- Gross accrued interest
- PLN 270.48
- Tax credit on accrued interest
- -PLN 33.81
- Commissions
- PLN 0.00
- Settlement amount
- PLN 9,586.67
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.13% | 4.50% | 4.77% |
| Modified duration | 2.71 | 2.73 | 2.72 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- PLN 1,100.00
- Tax on coupons
- -PLN 137.52
- Redemption of the nominal
- PLN 10,000.00
- Capital gain
- PLN 650.00
- Capital gain tax
- -PLN 81.25
- Net gain at maturity
- PLN 1,294.56
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -PLN 9,350.00 |
| 19/10/2026 | Gross accrued interest | -PLN 270.48 |
| 19/10/2026 | Tax credit on accrued interest | PLN 33.81 |
| 25/10/2026 | Gross coupon | PLN 275.00 |
| 25/10/2026 | Tax on the coupon | -PLN 34.38 |
| 25/10/2027 | Gross coupon | PLN 275.00 |
| 25/10/2027 | Tax on the coupon | -PLN 34.38 |
| 25/10/2028 | Gross coupon | PLN 275.00 |
| 25/10/2028 | Tax on the coupon | -PLN 34.38 |
| 25/10/2029 | Gross coupon | PLN 275.00 |
| 25/10/2029 | Tax on the coupon | -PLN 34.38 |
| 25/10/2029 | Redemption of the nominal | PLN 10,000.00 |
| 25/10/2029 | Capital gain tax | -PLN 81.25 |
| Net gain at maturity | PLN 1,294.56 | |
It is the sum of all the movements: PLN 11,133.81 received (coupons, redemption, tax credit on accrued interest) minus PLN 9,839.25 paid (price, accrued interest, commissions and taxes) = PLN 1,294.56. 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.