AFDB FX 4.625% JAN27 USD
US00828EEY14AFRICAN DEVELOPMENT BANKSupranationalMOT
- Last price
- 101.01
- as of 13/10/2026
- Gross yield
- 0.06%
- Net yield
- -0.51%
- Maturity
- 04/01/2027
- 3m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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 USD, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- US$9,196.35
- Net gain at maturity
- -US$14.24
- Net yield
- -0.73%
- Gross yield
- -0.17%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 101.01
- Nominal value
- 9,000
- Clean value
- US$9,090.45
- Gross accrued interest
- US$121.03
- Tax credit on accrued interest
- -US$15.13
- Commissions
- US$0.00
- Settlement amount
- US$9,196.35
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | -0.17% | -0.73% | -0.73% |
| Modified duration | 0.21 | 0.21 | 0.21 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$208.13
- Tax on coupons
- -US$26.02
- Redemption of the nominal
- US$9,000.00
- Capital loss
- -US$90.45
- Capital gain tax
- -US$0.00
- Net gain at maturity
- -US$14.24
No tax: in Italy the capital loss can offset capital gains of the next four years.
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -US$9,090.45 |
| 19/10/2026 | Gross accrued interest | -US$121.03 |
| 19/10/2026 | Tax credit on accrued interest | US$15.13 |
| 04/01/2027 | Gross coupon | US$208.13 |
| 04/01/2027 | Tax on the coupon | -US$26.02 |
| 04/01/2027 | Redemption of the nominal | US$9,000.00 |
| Net gain at maturity | -US$14.24 | |
It is the sum of all the movements: US$9,223.26 received (coupons, redemption, tax credit on accrued interest) minus US$9,237.50 paid (price, accrued interest, commissions and taxes) = -US$14.24. 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.