POLAND TF 1,75% AP32 PLN
PL0000113783
MINISTERSTWO FINANSÓWForeign governmentMOT
- Last price
- 80.70
- as of 13/10/2026
- Gross yield
- 5.95%
- Net yield
- 5.26%
- Maturity
- 25/04/2032
- 5y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
Amounts are in PLN, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- PLN 9,773.11
- Net gain at maturity
- PLN 3,039.89
- Net yield
- 5.26%
- Gross yield
- 5.95%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 80.70
- Nominal value
- 12,000
- Clean value
- PLN 9,684.00
- Gross accrued interest
- PLN 101.84
- Tax credit on accrued interest
- -PLN 12.73
- Commissions
- PLN 0.00
- Settlement amount
- PLN 9,773.11
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.95% | 5.26% | 5.70% |
| Modified duration | 4.94 | 4.98 | 4.95 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- PLN 1,260.00
- Tax on coupons
- -PLN 157.50
- Redemption of the nominal
- PLN 12,000.00
- Capital gain
- PLN 2,316.00
- Capital gain tax
- -PLN 289.50
- Net gain at maturity
- PLN 3,039.89
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -PLN 9,684.00 |
| 19/10/2026 | Gross accrued interest | -PLN 101.84 |
| 19/10/2026 | Tax credit on accrued interest | PLN 12.73 |
| 25/04/2027 | Gross coupon | PLN 210.00 |
| 25/04/2027 | Tax on the coupon | -PLN 26.25 |
| 25/04/2028 | Gross coupon | PLN 210.00 |
| 25/04/2028 | Tax on the coupon | -PLN 26.25 |
| 25/04/2029 | Gross coupon | PLN 210.00 |
| 25/04/2029 | Tax on the coupon | -PLN 26.25 |
| 25/04/2030 | Gross coupon | PLN 210.00 |
| 25/04/2030 | Tax on the coupon | -PLN 26.25 |
| 25/04/2031 | Gross coupon | PLN 210.00 |
| 25/04/2031 | Tax on the coupon | -PLN 26.25 |
| 25/04/2032 | Gross coupon | PLN 210.00 |
| 25/04/2032 | Tax on the coupon | -PLN 26.25 |
| 25/04/2032 | Redemption of the nominal | PLN 12,000.00 |
| 25/04/2032 | Capital gain tax | -PLN 289.50 |
| Net gain at maturity | PLN 3,039.89 | |
It is the sum of all the movements: PLN 13,272.73 received (coupons, redemption, tax credit on accrued interest) minus PLN 10,232.84 paid (price, accrued interest, commissions and taxes) = PLN 3,039.89. 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.