RENTENBANK FX 5% OCT33 USD

US515110CE22GermanyLandwirtschaftliche RentenbankForeign governmentMOT

Last price
96.00
as of 13/10/2026
Gross yield
5.78%
Net yield
5.06%
Maturity
24/10/2033
7y
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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: 96.00 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$9,812.77
Net gain at maturity
US$3,418.48
Net yield
5.06%
Gross yield
5.78%

Order details

Settlement date
19/10/2026
Purchase price (clean)
96.00
Nominal value
10,000
Clean value
US$9,600.00
Gross accrued interest
US$243.17
Tax credit on accrued interest
-US$30.40
Commissions
US$0.00
Settlement amount
US$9,812.77

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.78%5.06%5.12%
Modified duration5.515.585.58

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

Outcome at maturity

Gross coupons
US$3,750.00
Tax on coupons
-US$468.75
Redemption of the nominal
US$10,000.00
Capital gain
US$400.00
Capital gain tax
-US$50.00
Net gain at maturity
US$3,418.48

Cash flows

DateDescriptionAmount
19/10/2026Payment of the price-US$9,600.00
19/10/2026Gross accrued interest-US$243.17
19/10/2026Tax credit on accrued interestUS$30.40
24/10/2026Gross couponUS$250.00
24/10/2026Tax on the coupon-US$31.25
24/04/2027Gross couponUS$250.00
24/04/2027Tax on the coupon-US$31.25
24/10/2027Gross couponUS$250.00
24/10/2027Tax on the coupon-US$31.25
24/04/2028Gross couponUS$250.00
24/04/2028Tax on the coupon-US$31.25
24/10/2028Gross couponUS$250.00
24/10/2028Tax on the coupon-US$31.25
24/04/2029Gross couponUS$250.00
24/04/2029Tax on the coupon-US$31.25
24/10/2029Gross couponUS$250.00
24/10/2029Tax on the coupon-US$31.25
24/04/2030Gross couponUS$250.00
24/04/2030Tax on the coupon-US$31.25
24/10/2030Gross couponUS$250.00
24/10/2030Tax on the coupon-US$31.25
24/04/2031Gross couponUS$250.00
24/04/2031Tax on the coupon-US$31.25
24/10/2031Gross couponUS$250.00
24/10/2031Tax on the coupon-US$31.25
24/04/2032Gross couponUS$250.00
24/04/2032Tax on the coupon-US$31.25
24/10/2032Gross couponUS$250.00
24/10/2032Tax on the coupon-US$31.25
24/04/2033Gross couponUS$250.00
24/04/2033Tax on the coupon-US$31.25
24/10/2033Gross couponUS$250.00
24/10/2033Tax on the coupon-US$31.25
24/10/2033Redemption of the nominalUS$10,000.00
24/10/2033Capital gain tax-US$50.00
Net gain at maturityUS$3,418.48

It is the sum of all the movements: US$13,780.40 received (coupons, redemption, tax credit on accrued interest) minus US$10,361.92 paid (price, accrued interest, commissions and taxes) = US$3,418.48. 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.