EIB TF 4.5% GN29 GBP
XS0415532273European Investment BankSupranationalMOT
- Last price
- 98.86
- as of 14/10/2026
- Gross yield
- 4.96%
- Net yield
- 4.34%
- Maturity
- 07/06/2029
- 2y 8m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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 GBP, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- £9,028.47
- Net gain at maturity
- £1,021.81
- Net yield
- 4.34%
- Gross yield
- 4.96%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 98.86
- Nominal value
- 9,000
- Clean value
- £8,897.40
- Gross accrued interest
- £149.79
- Tax credit on accrued interest
- -£18.72
- Commissions
- £0.00
- Settlement amount
- £9,028.47
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.96% | 4.34% | 4.39% |
| Modified duration | 2.39 | 2.40 | 2.40 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £1,215.00
- Tax on coupons
- -£151.89
- Redemption of the nominal
- £9,000.00
- Capital gain
- £102.60
- Capital gain tax
- -£12.83
- Net gain at maturity
- £1,021.81
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -£8,897.40 |
| 20/10/2026 | Gross accrued interest | -£149.79 |
| 20/10/2026 | Tax credit on accrued interest | £18.72 |
| 07/06/2027 | Gross coupon | £405.00 |
| 07/06/2027 | Tax on the coupon | -£50.63 |
| 07/06/2028 | Gross coupon | £405.00 |
| 07/06/2028 | Tax on the coupon | -£50.63 |
| 07/06/2029 | Gross coupon | £405.00 |
| 07/06/2029 | Tax on the coupon | -£50.63 |
| 07/06/2029 | Redemption of the nominal | £9,000.00 |
| 07/06/2029 | Capital gain tax | -£12.83 |
| Net gain at maturity | £1,021.81 | |
It is the sum of all the movements: £10,233.72 received (coupons, redemption, tax credit on accrued interest) minus £9,211.91 paid (price, accrued interest, commissions and taxes) = £1,021.81. 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.