WORLD BANK SUSTAIN FX 4.625% AUG28 USD
US459058KW25International Bank for Reconstruction and DevelopmentSupranationalMOT
- Last price
- 99.71
- as of 15/10/2026
- Gross yield
- 4.85%
- Net yield
- 4.24%
- Maturity
- 01/08/2028
- 1y 9m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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$9,053.08
- Net gain at maturity
- US$672.10
- Net yield
- 4.24%
- Gross yield
- 4.85%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 99.71
- Nominal value
- 9,000
- Clean value
- US$8,973.90
- Gross accrued interest
- US$90.49
- Tax credit on accrued interest
- -US$11.31
- Commissions
- US$0.00
- Settlement amount
- US$9,053.08
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.85% | 4.24% | 4.26% |
| Modified duration | 1.64 | 1.65 | 1.65 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$832.52
- Tax on coupons
- -US$104.08
- Redemption of the nominal
- US$9,000.00
- Capital gain
- US$26.10
- Capital gain tax
- -US$3.26
- Net gain at maturity
- US$672.10
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -US$8,973.90 |
| 20/10/2026 | Gross accrued interest | -US$90.49 |
| 20/10/2026 | Tax credit on accrued interest | US$11.31 |
| 01/02/2027 | Gross coupon | US$208.13 |
| 01/02/2027 | Tax on the coupon | -US$26.02 |
| 01/08/2027 | Gross coupon | US$208.13 |
| 01/08/2027 | Tax on the coupon | -US$26.02 |
| 01/02/2028 | Gross coupon | US$208.13 |
| 01/02/2028 | Tax on the coupon | -US$26.02 |
| 01/08/2028 | Gross coupon | US$208.13 |
| 01/08/2028 | Tax on the coupon | -US$26.02 |
| 01/08/2028 | Redemption of the nominal | US$9,000.00 |
| 01/08/2028 | Capital gain tax | -US$3.26 |
| Net gain at maturity | US$672.10 | |
It is the sum of all the movements: US$9,843.83 received (coupons, redemption, tax credit on accrued interest) minus US$9,171.73 paid (price, accrued interest, commissions and taxes) = US$672.10. 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.