BEI FX 3.875% JUN28 USD
US298785KJ40European Investment BankSupranationalHi-MTF · MOT
- Last price
- 98.45
- as of 14/10/2026
- Gross yield
- 4.91%
- Net yield
- 4.29%
- Maturity
- 15/06/2028
- 1y 8m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
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Amounts are in USD, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- US$9,961.72
- Net gain at maturity
- US$697.02
- Net yield
- 4.29%
- Gross yield
- 4.91%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 98.45
- Nominal value
- 10,000
- Clean value
- US$9,845.00
- Gross accrued interest
- US$133.40
- Tax credit on accrued interest
- -US$16.68
- Commissions
- US$0.00
- Settlement amount
- US$9,961.72
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.91% | 4.29% | 4.41% |
| Modified duration | 1.53 | 1.53 | 1.53 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$775.00
- Tax on coupons
- -US$96.88
- Redemption of the nominal
- US$10,000.00
- Capital gain
- US$155.00
- Capital gain tax
- -US$19.38
- Net gain at maturity
- US$697.02
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -US$9,845.00 |
| 19/10/2026 | Gross accrued interest | -US$133.40 |
| 19/10/2026 | Tax credit on accrued interest | US$16.68 |
| 15/12/2026 | Gross coupon | US$193.75 |
| 15/12/2026 | Tax on the coupon | -US$24.22 |
| 15/06/2027 | Gross coupon | US$193.75 |
| 15/06/2027 | Tax on the coupon | -US$24.22 |
| 15/12/2027 | Gross coupon | US$193.75 |
| 15/12/2027 | Tax on the coupon | -US$24.22 |
| 15/06/2028 | Gross coupon | US$193.75 |
| 15/06/2028 | Tax on the coupon | -US$24.22 |
| 15/06/2028 | Redemption of the nominal | US$10,000.00 |
| 15/06/2028 | Capital gain tax | -US$19.38 |
| Net gain at maturity | US$697.02 | |
It is the sum of all the movements: US$10,791.68 received (coupons, redemption, tax credit on accrued interest) minus US$10,094.66 paid (price, accrued interest, commissions and taxes) = US$697.02. 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.