BEI FX 4.375% NOV31 USD
US298785KU94European Investment BankSupranationalMOT
- Last price
- 97.34
- as of 15/10/2026
- Gross yield
- 5.03%
- Net yield
- 4.40%
- Maturity
- 25/11/2031
- 5y 1m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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$9,887.96
- Net gain at maturity
- US$2,184.30
- Net yield
- 4.40%
- Gross yield
- 5.03%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 97.34
- Nominal value
- 10,000
- Clean value
- US$9,734.00
- Gross accrued interest
- US$175.95
- Tax credit on accrued interest
- -US$21.99
- Commissions
- US$0.00
- Settlement amount
- US$9,887.96
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.03% | 4.40% | 4.46% |
| Modified duration | 4.32 | 4.36 | 4.35 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$2,406.25
- Tax on coupons
- -US$300.74
- Redemption of the nominal
- US$10,000.00
- Capital gain
- US$266.00
- Capital gain tax
- -US$33.25
- Net gain at maturity
- US$2,184.30
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -US$9,734.00 |
| 20/10/2026 | Gross accrued interest | -US$175.95 |
| 20/10/2026 | Tax credit on accrued interest | US$21.99 |
| 25/11/2026 | Gross coupon | US$218.75 |
| 25/11/2026 | Tax on the coupon | -US$27.34 |
| 25/05/2027 | Gross coupon | US$218.75 |
| 25/05/2027 | Tax on the coupon | -US$27.34 |
| 25/11/2027 | Gross coupon | US$218.75 |
| 25/11/2027 | Tax on the coupon | -US$27.34 |
| 25/05/2028 | Gross coupon | US$218.75 |
| 25/05/2028 | Tax on the coupon | -US$27.34 |
| 25/11/2028 | Gross coupon | US$218.75 |
| 25/11/2028 | Tax on the coupon | -US$27.34 |
| 25/05/2029 | Gross coupon | US$218.75 |
| 25/05/2029 | Tax on the coupon | -US$27.34 |
| 25/11/2029 | Gross coupon | US$218.75 |
| 25/11/2029 | Tax on the coupon | -US$27.34 |
| 25/05/2030 | Gross coupon | US$218.75 |
| 25/05/2030 | Tax on the coupon | -US$27.34 |
| 25/11/2030 | Gross coupon | US$218.75 |
| 25/11/2030 | Tax on the coupon | -US$27.34 |
| 25/05/2031 | Gross coupon | US$218.75 |
| 25/05/2031 | Tax on the coupon | -US$27.34 |
| 25/11/2031 | Gross coupon | US$218.75 |
| 25/11/2031 | Tax on the coupon | -US$27.34 |
| 25/11/2031 | Redemption of the nominal | US$10,000.00 |
| 25/11/2031 | Capital gain tax | -US$33.25 |
| Net gain at maturity | US$2,184.30 | |
It is the sum of all the movements: US$12,428.24 received (coupons, redemption, tax credit on accrued interest) minus US$10,243.94 paid (price, accrued interest, commissions and taxes) = US$2,184.30. 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.