EIB TF 3.875% GN37 GBP
XS0740808802European Investment BankSupranationalHi-MTF · MOT
- Last price
- 86.71
- as of 13/10/2026
- Gross yield
- 5.56%
- Net yield
- 4.90%
- Maturity
- 08/06/2037
- 10y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- £9,674.00
- Net gain at maturity
- £5,245.93
- Net yield
- 4.89%
- Gross yield
- 5.56%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 86.71
- Nominal value
- 11,000
- Clean value
- £9,538.10
- Gross accrued interest
- £155.32
- Tax credit on accrued interest
- -£19.42
- Commissions
- £0.00
- Settlement amount
- £9,674.00
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.56% | 4.89% | 5.03% |
| Modified duration | 8.18 | 8.30 | 8.28 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £4,688.75
- Tax on coupons
- -£586.08
- Redemption of the nominal
- £11,000.00
- Capital gain
- £1,461.90
- Capital gain tax
- -£182.74
- Net gain at maturity
- £5,245.93
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -£9,538.10 |
| 19/10/2026 | Gross accrued interest | -£155.32 |
| 19/10/2026 | Tax credit on accrued interest | £19.42 |
| 08/06/2027 | Gross coupon | £426.25 |
| 08/06/2027 | Tax on the coupon | -£53.28 |
| 08/06/2028 | Gross coupon | £426.25 |
| 08/06/2028 | Tax on the coupon | -£53.28 |
| 08/06/2029 | Gross coupon | £426.25 |
| 08/06/2029 | Tax on the coupon | -£53.28 |
| 08/06/2030 | Gross coupon | £426.25 |
| 08/06/2030 | Tax on the coupon | -£53.28 |
| 08/06/2031 | Gross coupon | £426.25 |
| 08/06/2031 | Tax on the coupon | -£53.28 |
| 08/06/2032 | Gross coupon | £426.25 |
| 08/06/2032 | Tax on the coupon | -£53.28 |
| 08/06/2033 | Gross coupon | £426.25 |
| 08/06/2033 | Tax on the coupon | -£53.28 |
| 08/06/2034 | Gross coupon | £426.25 |
| 08/06/2034 | Tax on the coupon | -£53.28 |
| 08/06/2035 | Gross coupon | £426.25 |
| 08/06/2035 | Tax on the coupon | -£53.28 |
| 08/06/2036 | Gross coupon | £426.25 |
| 08/06/2036 | Tax on the coupon | -£53.28 |
| 08/06/2037 | Gross coupon | £426.25 |
| 08/06/2037 | Tax on the coupon | -£53.28 |
| 08/06/2037 | Redemption of the nominal | £11,000.00 |
| 08/06/2037 | Capital gain tax | -£182.74 |
| Net gain at maturity | £5,245.93 | |
It is the sum of all the movements: £15,708.17 received (coupons, redemption, tax credit on accrued interest) minus £10,462.24 paid (price, accrued interest, commissions and taxes) = £5,245.93. 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.