ROMANIA TF 2,375% AP27 EUR
XS1599193403
MINISTERUL FINANȚELORForeign governmentHi-MTF · MOT
- Last price
- 99.64
- as of 14/10/2026
- Gross yield
- 3.09%
- Net yield
- 2.71%
- Maturity
- 19/04/2027
- 6m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
- Settlement amount
- €9,059.47
- Net gain at maturity
- €123.46
- Net yield
- 2.71%
- Gross yield
- 3.09%
Order details
- Settlement date
- 16/10/2026
- Purchase price (clean)
- 99.64
- Nominal value
- 9,000
- Clean value
- €8,967.24
- Gross accrued interest
- €105.41
- Tax credit on accrued interest
- -€13.18
- Commissions
- €0.00
- Settlement amount
- €9,059.47
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 3.09% | 2.71% | 2.80% |
| Modified duration | 0.49 | 0.49 | 0.49 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €213.75
- Tax on coupons
- -€26.72
- Redemption of the nominal
- €9,000.00
- Capital gain
- €32.76
- Capital gain tax
- -€4.10
- Net gain at maturity
- €123.46
Cash flows
| Date | Description | Amount |
|---|---|---|
| 16/10/2026 | Payment of the price | -€8,967.24 |
| 16/10/2026 | Gross accrued interest | -€105.41 |
| 16/10/2026 | Tax credit on accrued interest | €13.18 |
| 19/04/2027 | Gross coupon | €213.75 |
| 19/04/2027 | Tax on the coupon | -€26.72 |
| 19/04/2027 | Redemption of the nominal | €9,000.00 |
| 19/04/2027 | Capital gain tax | -€4.10 |
| Net gain at maturity | €123.46 | |
It is the sum of all the movements: €9,226.93 received (coupons, redemption, tax credit on accrued interest) minus €9,103.47 paid (price, accrued interest, commissions and taxes) = €123.46. 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.