IADB FX 4.375% JAN44 USD

US4581X0CE61United StatesInter-American Development BankCorporateMOT

Last price
88.16
as of 15/10/2026
Gross yield
5.51%
Net yield
4.12%
Maturity
24/01/2044
17y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

Simulate a purchase

Change the values: every figure updates at once. The page link keeps the simulation.

USD

Last price: 88.16 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$9,782.76
Net gain at maturity
US$7,111.07
Net yield
4.11%
Gross yield
5.51%

Order details

Settlement date
20/10/2026
Purchase price (clean)
88.16
Nominal value
11,000
Clean value
US$9,697.60
Gross accrued interest
US$115.08
Tax credit on accrued interest
-US$29.92
Commissions
US$0.00
Settlement amount
US$9,782.76

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.51%4.11%4.25%
Modified duration11.1811.8011.73

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

Outcome at maturity

Gross coupons
US$8,422.05
Tax on coupons
-US$2,189.60
Redemption of the nominal
US$11,000.00
Capital gain
US$1,302.40
Capital gain tax
-US$338.62
Net gain at maturity
US$7,111.07

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$9,697.60
20/10/2026Gross accrued interest-US$115.08
20/10/2026Tax credit on accrued interestUS$29.92
24/01/2027Gross couponUS$240.63
24/01/2027Tax on the coupon-US$62.56
24/07/2027Gross couponUS$240.63
24/07/2027Tax on the coupon-US$62.56
24/01/2028Gross couponUS$240.63
24/01/2028Tax on the coupon-US$62.56
24/07/2028Gross couponUS$240.63
24/07/2028Tax on the coupon-US$62.56
24/01/2029Gross couponUS$240.63
24/01/2029Tax on the coupon-US$62.56
24/07/2029Gross couponUS$240.63
24/07/2029Tax on the coupon-US$62.56
24/01/2030Gross couponUS$240.63
24/01/2030Tax on the coupon-US$62.56
24/07/2030Gross couponUS$240.63
24/07/2030Tax on the coupon-US$62.56
24/01/2031Gross couponUS$240.63
24/01/2031Tax on the coupon-US$62.56
24/07/2031Gross couponUS$240.63
24/07/2031Tax on the coupon-US$62.56
24/01/2032Gross couponUS$240.63
24/01/2032Tax on the coupon-US$62.56
24/07/2032Gross couponUS$240.63
24/07/2032Tax on the coupon-US$62.56
24/01/2033Gross couponUS$240.63
24/01/2033Tax on the coupon-US$62.56
24/07/2033Gross couponUS$240.63
24/07/2033Tax on the coupon-US$62.56
24/01/2034Gross couponUS$240.63
24/01/2034Tax on the coupon-US$62.56
24/07/2034Gross couponUS$240.63
24/07/2034Tax on the coupon-US$62.56
24/01/2035Gross couponUS$240.63
24/01/2035Tax on the coupon-US$62.56
24/07/2035Gross couponUS$240.63
24/07/2035Tax on the coupon-US$62.56
24/01/2036Gross couponUS$240.63
24/01/2036Tax on the coupon-US$62.56
24/07/2036Gross couponUS$240.63
24/07/2036Tax on the coupon-US$62.56
24/01/2037Gross couponUS$240.63
24/01/2037Tax on the coupon-US$62.56
24/07/2037Gross couponUS$240.63
24/07/2037Tax on the coupon-US$62.56
24/01/2038Gross couponUS$240.63
24/01/2038Tax on the coupon-US$62.56
24/07/2038Gross couponUS$240.63
24/07/2038Tax on the coupon-US$62.56
24/01/2039Gross couponUS$240.63
24/01/2039Tax on the coupon-US$62.56
24/07/2039Gross couponUS$240.63
24/07/2039Tax on the coupon-US$62.56
24/01/2040Gross couponUS$240.63
24/01/2040Tax on the coupon-US$62.56
24/07/2040Gross couponUS$240.63
24/07/2040Tax on the coupon-US$62.56
24/01/2041Gross couponUS$240.63
24/01/2041Tax on the coupon-US$62.56
24/07/2041Gross couponUS$240.63
24/07/2041Tax on the coupon-US$62.56
24/01/2042Gross couponUS$240.63
24/01/2042Tax on the coupon-US$62.56
24/07/2042Gross couponUS$240.63
24/07/2042Tax on the coupon-US$62.56
24/01/2043Gross couponUS$240.63
24/01/2043Tax on the coupon-US$62.56
24/07/2043Gross couponUS$240.63
24/07/2043Tax on the coupon-US$62.56
24/01/2044Gross couponUS$240.63
24/01/2044Tax on the coupon-US$62.56
24/01/2044Redemption of the nominalUS$11,000.00
24/01/2044Capital gain tax-US$338.62
Net gain at maturityUS$7,111.07

It is the sum of all the movements: US$19,451.97 received (coupons, redemption, tax credit on accrued interest) minus US$12,340.90 paid (price, accrued interest, commissions and taxes) = US$7,111.07. 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.