IADB FX 4.5% SEP33 USD

US4581X0EL86United StatesInter-American Development BankCorporateMOT

Last price
96.22
as of 13/10/2026
Gross yield
5.22%
Net yield
3.87%
Maturity
13/09/2033
6y 11m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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: 96.22 on 13/10/2026

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$9,656.03
Net gain at maturity
US$2,576.69
Net yield
3.87%
Gross yield
5.22%

Order details

Settlement date
20/10/2026
Purchase price (clean)
96.22
Nominal value
10,000
Clean value
US$9,622.00
Gross accrued interest
US$45.99
Tax credit on accrued interest
-US$11.96
Commissions
US$0.00
Settlement amount
US$9,656.03

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.22%3.87%4.00%
Modified duration5.675.785.77

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

Outcome at maturity

Gross coupons
US$3,150.00
Tax on coupons
-US$819.00
Redemption of the nominal
US$10,000.00
Capital gain
US$378.00
Capital gain tax
-US$98.28
Net gain at maturity
US$2,576.69

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$9,622.00
20/10/2026Gross accrued interest-US$45.99
20/10/2026Tax credit on accrued interestUS$11.96
13/03/2027Gross couponUS$225.00
13/03/2027Tax on the coupon-US$58.50
13/09/2027Gross couponUS$225.00
13/09/2027Tax on the coupon-US$58.50
13/03/2028Gross couponUS$225.00
13/03/2028Tax on the coupon-US$58.50
13/09/2028Gross couponUS$225.00
13/09/2028Tax on the coupon-US$58.50
13/03/2029Gross couponUS$225.00
13/03/2029Tax on the coupon-US$58.50
13/09/2029Gross couponUS$225.00
13/09/2029Tax on the coupon-US$58.50
13/03/2030Gross couponUS$225.00
13/03/2030Tax on the coupon-US$58.50
13/09/2030Gross couponUS$225.00
13/09/2030Tax on the coupon-US$58.50
13/03/2031Gross couponUS$225.00
13/03/2031Tax on the coupon-US$58.50
13/09/2031Gross couponUS$225.00
13/09/2031Tax on the coupon-US$58.50
13/03/2032Gross couponUS$225.00
13/03/2032Tax on the coupon-US$58.50
13/09/2032Gross couponUS$225.00
13/09/2032Tax on the coupon-US$58.50
13/03/2033Gross couponUS$225.00
13/03/2033Tax on the coupon-US$58.50
13/09/2033Gross couponUS$225.00
13/09/2033Tax on the coupon-US$58.50
13/09/2033Redemption of the nominalUS$10,000.00
13/09/2033Capital gain tax-US$98.28
Net gain at maturityUS$2,576.69

It is the sum of all the movements: US$13,161.96 received (coupons, redemption, tax credit on accrued interest) minus US$10,585.27 paid (price, accrued interest, commissions and taxes) = US$2,576.69. 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.