BEI FX 3.875% OCT30 USD
US298785KM78European Investment BankSupranationalMOT
- Last price
- 96.00
- as of 14/10/2026
- Gross yield
- 5.05%
- Net yield
- 4.42%
- Maturity
- 15/10/2030
- 4y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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$9,603.73
- Net gain at maturity
- US$1,702.51
- Net yield
- 4.42%
- Gross yield
- 5.05%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 96.00
- Nominal value
- 10,000
- Clean value
- US$9,600.00
- Gross accrued interest
- US$4.26
- Tax credit on accrued interest
- -US$0.53
- Commissions
- US$0.00
- Settlement amount
- US$9,603.73
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.05% | 4.42% | 4.54% |
| Modified duration | 3.55 | 3.57 | 3.57 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$1,550.00
- Tax on coupons
- -US$193.76
- Redemption of the nominal
- US$10,000.00
- Capital gain
- US$400.00
- Capital gain tax
- -US$50.00
- Net gain at maturity
- US$1,702.51
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -US$9,600.00 |
| 19/10/2026 | Gross accrued interest | -US$4.26 |
| 19/10/2026 | Tax credit on accrued interest | US$0.53 |
| 15/04/2027 | Gross coupon | US$193.75 |
| 15/04/2027 | Tax on the coupon | -US$24.22 |
| 15/10/2027 | Gross coupon | US$193.75 |
| 15/10/2027 | Tax on the coupon | -US$24.22 |
| 15/04/2028 | Gross coupon | US$193.75 |
| 15/04/2028 | Tax on the coupon | -US$24.22 |
| 15/10/2028 | Gross coupon | US$193.75 |
| 15/10/2028 | Tax on the coupon | -US$24.22 |
| 15/04/2029 | Gross coupon | US$193.75 |
| 15/04/2029 | Tax on the coupon | -US$24.22 |
| 15/10/2029 | Gross coupon | US$193.75 |
| 15/10/2029 | Tax on the coupon | -US$24.22 |
| 15/04/2030 | Gross coupon | US$193.75 |
| 15/04/2030 | Tax on the coupon | -US$24.22 |
| 15/10/2030 | Gross coupon | US$193.75 |
| 15/10/2030 | Tax on the coupon | -US$24.22 |
| 15/10/2030 | Redemption of the nominal | US$10,000.00 |
| 15/10/2030 | Capital gain tax | -US$50.00 |
| Net gain at maturity | US$1,702.51 | |
It is the sum of all the movements: US$11,550.53 received (coupons, redemption, tax credit on accrued interest) minus US$9,848.02 paid (price, accrued interest, commissions and taxes) = US$1,702.51. 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.