NORDIC INV B ZC LG27 ZAR
XS0077056546NORDIC INVESTMENT BANKSupranationalMOT
- Last price
- 95.38
- as of 13/10/2026
- Gross yield
- 6.68%
- Net yield
- 5.84%
- Maturity
- 09/07/2027
- 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
Change the values: every figure updates at once. The page link keeps the simulation.
Amounts are in ZAR, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- ZAR 9,538.20
- Net gain at maturity
- ZAR 404.07
- Net yield
- 5.93%
- Gross yield
- 6.78%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 95.38
- Nominal value
- 10,000
- Clean value
- ZAR 9,538.20
- Gross accrued interest
- ZAR 0.00
- Commissions
- ZAR 0.00
- Settlement amount
- ZAR 9,538.20
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 6.78% | 5.93% | 6.78% |
| Modified duration | 0.67 | 0.68 | 0.67 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- ZAR 0.00
- Redemption of the nominal
- ZAR 10,000.00
- Capital gain
- ZAR 461.80
- Capital gain tax
- -ZAR 57.73
- Net gain at maturity
- ZAR 404.07
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -ZAR 9,538.20 |
| 09/07/2027 | Redemption of the nominal | ZAR 10,000.00 |
| 09/07/2027 | Capital gain tax | -ZAR 57.73 |
| Net gain at maturity | ZAR 404.07 | |
It is the sum of all the movements: ZAR 10,000.00 received (coupons, redemption, tax credit on accrued interest) minus ZAR 9,595.93 paid (price, accrued interest, commissions and taxes) = ZAR 404.07. 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, 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.