COE FX 3.625% JAN28 USD
US222213BB58COUNCIL OF EUROPE DEVELOPMENT BANKSupranationalMOT
- Last price
- 97.03
- as of 13/10/2026
- Gross yield
- 6.16%
- Net yield
- 5.39%
- Maturity
- 26/01/2028
- 1y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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$9,773.67
- Net gain at maturity
- US$664.97
- Net yield
- 5.38%
- Gross yield
- 6.15%
Order details
- Settlement date
- 16/10/2026
- Purchase price (clean)
- 97.03
- Nominal value
- 10,000
- Clean value
- US$9,703.00
- Gross accrued interest
- US$80.77
- Tax credit on accrued interest
- -US$10.10
- Commissions
- US$0.00
- Settlement amount
- US$9,773.67
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 6.15% | 5.38% | 5.68% |
| Modified duration | 1.18 | 1.19 | 1.19 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$543.75
- Tax on coupons
- -US$67.98
- Redemption of the nominal
- US$10,000.00
- Capital gain
- US$297.00
- Capital gain tax
- -US$37.13
- Net gain at maturity
- US$664.97
Cash flows
| Date | Description | Amount |
|---|---|---|
| 16/10/2026 | Payment of the price | -US$9,703.00 |
| 16/10/2026 | Gross accrued interest | -US$80.77 |
| 16/10/2026 | Tax credit on accrued interest | US$10.10 |
| 26/01/2027 | Gross coupon | US$181.25 |
| 26/01/2027 | Tax on the coupon | -US$22.66 |
| 26/07/2027 | Gross coupon | US$181.25 |
| 26/07/2027 | Tax on the coupon | -US$22.66 |
| 26/01/2028 | Gross coupon | US$181.25 |
| 26/01/2028 | Tax on the coupon | -US$22.66 |
| 26/01/2028 | Redemption of the nominal | US$10,000.00 |
| 26/01/2028 | Capital gain tax | -US$37.13 |
| Net gain at maturity | US$664.97 | |
It is the sum of all the movements: US$10,553.85 received (coupons, redemption, tax credit on accrued interest) minus US$9,888.88 paid (price, accrued interest, commissions and taxes) = US$664.97. 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.