USA FX 5% MAY56 USD

US912810UU06United StatesUnited States Department of the TreasuryForeign governmentEuroTLX

Last price
91.14
as of 09/10/2026
Gross yield
5.70%
Net yield
4.99%
Maturity
15/05/2056
29y 7m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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

USD

Last price: 91.14 on 09/10/2026

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$9,952.97
Net gain at maturity
US$14,672.13
Net yield
4.99%
Gross yield
5.69%

Order details

Settlement date
20/10/2026
Purchase price (clean)
91.14
Nominal value
10,700
Clean value
US$9,751.98
Gross accrued interest
US$229.70
Tax credit on accrued interest
-US$28.71
Commissions
US$0.00
Settlement amount
US$9,952.97

Yields and duration

GrossNetNet without capital gain tax
Annual yield5.69%4.99%5.01%
Modified duration13.9614.7614.74

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

Outcome at maturity

Gross coupons
US$16,050.00
Tax on coupons
-US$2,006.40
Redemption of the nominal
US$10,700.00
Capital gain
US$948.02
Capital gain tax
-US$118.50
Net gain at maturity
US$14,672.13

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$9,751.98
20/10/2026Gross accrued interest-US$229.70
20/10/2026Tax credit on accrued interestUS$28.71
15/11/2026Gross couponUS$267.50
15/11/2026Tax on the coupon-US$33.44
15/05/2027Gross couponUS$267.50
15/05/2027Tax on the coupon-US$33.44
15/11/2027Gross couponUS$267.50
15/11/2027Tax on the coupon-US$33.44
15/05/2028Gross couponUS$267.50
15/05/2028Tax on the coupon-US$33.44
15/11/2028Gross couponUS$267.50
15/11/2028Tax on the coupon-US$33.44
15/05/2029Gross couponUS$267.50
15/05/2029Tax on the coupon-US$33.44
15/11/2029Gross couponUS$267.50
15/11/2029Tax on the coupon-US$33.44
15/05/2030Gross couponUS$267.50
15/05/2030Tax on the coupon-US$33.44
15/11/2030Gross couponUS$267.50
15/11/2030Tax on the coupon-US$33.44
15/05/2031Gross couponUS$267.50
15/05/2031Tax on the coupon-US$33.44
15/11/2031Gross couponUS$267.50
15/11/2031Tax on the coupon-US$33.44
15/05/2032Gross couponUS$267.50
15/05/2032Tax on the coupon-US$33.44
15/11/2032Gross couponUS$267.50
15/11/2032Tax on the coupon-US$33.44
15/05/2033Gross couponUS$267.50
15/05/2033Tax on the coupon-US$33.44
15/11/2033Gross couponUS$267.50
15/11/2033Tax on the coupon-US$33.44
15/05/2034Gross couponUS$267.50
15/05/2034Tax on the coupon-US$33.44
15/11/2034Gross couponUS$267.50
15/11/2034Tax on the coupon-US$33.44
15/05/2035Gross couponUS$267.50
15/05/2035Tax on the coupon-US$33.44
15/11/2035Gross couponUS$267.50
15/11/2035Tax on the coupon-US$33.44
15/05/2036Gross couponUS$267.50
15/05/2036Tax on the coupon-US$33.44
15/11/2036Gross couponUS$267.50
15/11/2036Tax on the coupon-US$33.44
15/05/2037Gross couponUS$267.50
15/05/2037Tax on the coupon-US$33.44
15/11/2037Gross couponUS$267.50
15/11/2037Tax on the coupon-US$33.44
15/05/2038Gross couponUS$267.50
15/05/2038Tax on the coupon-US$33.44
15/11/2038Gross couponUS$267.50
15/11/2038Tax on the coupon-US$33.44
15/05/2039Gross couponUS$267.50
15/05/2039Tax on the coupon-US$33.44
15/11/2039Gross couponUS$267.50
15/11/2039Tax on the coupon-US$33.44
15/05/2040Gross couponUS$267.50
15/05/2040Tax on the coupon-US$33.44
15/11/2040Gross couponUS$267.50
15/11/2040Tax on the coupon-US$33.44
15/05/2041Gross couponUS$267.50
15/05/2041Tax on the coupon-US$33.44
15/11/2041Gross couponUS$267.50
15/11/2041Tax on the coupon-US$33.44
15/05/2042Gross couponUS$267.50
15/05/2042Tax on the coupon-US$33.44
15/11/2042Gross couponUS$267.50
15/11/2042Tax on the coupon-US$33.44
15/05/2043Gross couponUS$267.50
15/05/2043Tax on the coupon-US$33.44
15/11/2043Gross couponUS$267.50
15/11/2043Tax on the coupon-US$33.44
15/05/2044Gross couponUS$267.50
15/05/2044Tax on the coupon-US$33.44
15/11/2044Gross couponUS$267.50
15/11/2044Tax on the coupon-US$33.44
15/05/2045Gross couponUS$267.50
15/05/2045Tax on the coupon-US$33.44
15/11/2045Gross couponUS$267.50
15/11/2045Tax on the coupon-US$33.44
15/05/2046Gross couponUS$267.50
15/05/2046Tax on the coupon-US$33.44
15/11/2046Gross couponUS$267.50
15/11/2046Tax on the coupon-US$33.44
15/05/2047Gross couponUS$267.50
15/05/2047Tax on the coupon-US$33.44
15/11/2047Gross couponUS$267.50
15/11/2047Tax on the coupon-US$33.44
15/05/2048Gross couponUS$267.50
15/05/2048Tax on the coupon-US$33.44
15/11/2048Gross couponUS$267.50
15/11/2048Tax on the coupon-US$33.44
15/05/2049Gross couponUS$267.50
15/05/2049Tax on the coupon-US$33.44
15/11/2049Gross couponUS$267.50
15/11/2049Tax on the coupon-US$33.44
15/05/2050Gross couponUS$267.50
15/05/2050Tax on the coupon-US$33.44
15/11/2050Gross couponUS$267.50
15/11/2050Tax on the coupon-US$33.44
15/05/2051Gross couponUS$267.50
15/05/2051Tax on the coupon-US$33.44
15/11/2051Gross couponUS$267.50
15/11/2051Tax on the coupon-US$33.44
15/05/2052Gross couponUS$267.50
15/05/2052Tax on the coupon-US$33.44
15/11/2052Gross couponUS$267.50
15/11/2052Tax on the coupon-US$33.44
15/05/2053Gross couponUS$267.50
15/05/2053Tax on the coupon-US$33.44
15/11/2053Gross couponUS$267.50
15/11/2053Tax on the coupon-US$33.44
15/05/2054Gross couponUS$267.50
15/05/2054Tax on the coupon-US$33.44
15/11/2054Gross couponUS$267.50
15/11/2054Tax on the coupon-US$33.44
15/05/2055Gross couponUS$267.50
15/05/2055Tax on the coupon-US$33.44
15/11/2055Gross couponUS$267.50
15/11/2055Tax on the coupon-US$33.44
15/05/2056Gross couponUS$267.50
15/05/2056Tax on the coupon-US$33.44
15/05/2056Redemption of the nominalUS$10,700.00
15/05/2056Capital gain tax-US$118.50
Net gain at maturityUS$14,672.13

It is the sum of all the movements: US$26,778.71 received (coupons, redemption, tax credit on accrued interest) minus US$12,106.58 paid (price, accrued interest, commissions and taxes) = US$14,672.13. 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.