IADB FX 3.875% OCT41 USD

US4581X0BT40United StatesInter-American Development BankCorporateMOT

Last price
84.72
as of 15/10/2026
Gross yield
5.44%
Net yield
4.08%
Maturity
28/10/2041
15y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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USD

Last price: 84.72 on 15/10/2026

Commissions
%
€
€

Percent of the order value, with a minimum and a maximum in euro (empty maximum = no limit). For a flat fee enter only the minimum.

Amounts are in USD, the bond currency: exchange rate effects (and their taxation) are not considered.
Settlement amount
US$9,470.02
Net gain at maturity
US$5,982.29
Net yield
4.08%
Gross yield
5.44%

Order details

Settlement date
20/10/2026
Purchase price (clean)
84.72
Nominal value
11,000
Clean value
US$9,319.20
Gross accrued interest
US$203.81
Tax credit on accrued interest
-US$52.99
Commissions
US$0.00
Settlement amount
US$9,470.02

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.44%4.08%4.30%
Modified duration10.3710.8410.77

The last column applies when the capital gain is offset by earlier capital losses.

Outcome at maturity

Gross coupons
US$6,607.03
Tax on coupons
-US$1,717.71
Redemption of the nominal
US$11,000.00
Capital gain
US$1,680.80
Capital gain tax
-US$437.01
Net gain at maturity
US$5,982.29

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$9,319.20
20/10/2026Gross accrued interest-US$203.81
20/10/2026Tax credit on accrued interestUS$52.99
28/10/2026Gross couponUS$213.13
28/10/2026Tax on the coupon-US$55.41
28/04/2027Gross couponUS$213.13
28/04/2027Tax on the coupon-US$55.41
28/10/2027Gross couponUS$213.13
28/10/2027Tax on the coupon-US$55.41
28/04/2028Gross couponUS$213.13
28/04/2028Tax on the coupon-US$55.41
28/10/2028Gross couponUS$213.13
28/10/2028Tax on the coupon-US$55.41
28/04/2029Gross couponUS$213.13
28/04/2029Tax on the coupon-US$55.41
28/10/2029Gross couponUS$213.13
28/10/2029Tax on the coupon-US$55.41
28/04/2030Gross couponUS$213.13
28/04/2030Tax on the coupon-US$55.41
28/10/2030Gross couponUS$213.13
28/10/2030Tax on the coupon-US$55.41
28/04/2031Gross couponUS$213.13
28/04/2031Tax on the coupon-US$55.41
28/10/2031Gross couponUS$213.13
28/10/2031Tax on the coupon-US$55.41
28/04/2032Gross couponUS$213.13
28/04/2032Tax on the coupon-US$55.41
28/10/2032Gross couponUS$213.13
28/10/2032Tax on the coupon-US$55.41
28/04/2033Gross couponUS$213.13
28/04/2033Tax on the coupon-US$55.41
28/10/2033Gross couponUS$213.13
28/10/2033Tax on the coupon-US$55.41
28/04/2034Gross couponUS$213.13
28/04/2034Tax on the coupon-US$55.41
28/10/2034Gross couponUS$213.13
28/10/2034Tax on the coupon-US$55.41
28/04/2035Gross couponUS$213.13
28/04/2035Tax on the coupon-US$55.41
28/10/2035Gross couponUS$213.13
28/10/2035Tax on the coupon-US$55.41
28/04/2036Gross couponUS$213.13
28/04/2036Tax on the coupon-US$55.41
28/10/2036Gross couponUS$213.13
28/10/2036Tax on the coupon-US$55.41
28/04/2037Gross couponUS$213.13
28/04/2037Tax on the coupon-US$55.41
28/10/2037Gross couponUS$213.13
28/10/2037Tax on the coupon-US$55.41
28/04/2038Gross couponUS$213.13
28/04/2038Tax on the coupon-US$55.41
28/10/2038Gross couponUS$213.13
28/10/2038Tax on the coupon-US$55.41
28/04/2039Gross couponUS$213.13
28/04/2039Tax on the coupon-US$55.41
28/10/2039Gross couponUS$213.13
28/10/2039Tax on the coupon-US$55.41
28/04/2040Gross couponUS$213.13
28/04/2040Tax on the coupon-US$55.41
28/10/2040Gross couponUS$213.13
28/10/2040Tax on the coupon-US$55.41
28/04/2041Gross couponUS$213.13
28/04/2041Tax on the coupon-US$55.41
28/10/2041Gross couponUS$213.13
28/10/2041Tax on the coupon-US$55.41
28/10/2041Redemption of the nominalUS$11,000.00
28/10/2041Capital gain tax-US$437.01
Net gain at maturityUS$5,982.29

It is the sum of all the movements: US$17,660.02 received (coupons, redemption, tax credit on accrued interest) minus US$11,677.73 paid (price, accrued interest, commissions and taxes) = US$5,982.29. 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, 26% 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.