IMI OPERA II SC MZ29 EUR
XS1958656982
INTESA SANPAOLO SPACorporateEuroTLX · MOT
- Last price
- 99.47
- as of 13/10/2026
- Gross yield
- 2.63%
- Net yield
- 1.95%
- Maturity
- 11/03/2029
- 2y 5m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
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- Settlement amount
- €9,049.96
- Net gain at maturity
- €417.16
- Net yield
- 1.94%
- Gross yield
- 2.63%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 99.47
- Nominal value
- 9,000
- Clean value
- €8,952.30
- Gross accrued interest
- €131.97
- Tax credit on accrued interest
- -€34.31
- Commissions
- €0.00
- Settlement amount
- €9,049.96
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 2.63% | 1.94% | 2.00% |
| Modified duration | 2.26 | 2.28 | 2.28 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €648.00
- Tax on coupons
- -€168.48
- Redemption of the nominal
- €9,000.00
- Capital gain
- €47.70
- Capital gain tax
- -€12.40
- Net gain at maturity
- €417.16
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€8,952.30 |
| 20/10/2026 | Gross accrued interest | -€131.97 |
| 20/10/2026 | Tax credit on accrued interest | €34.31 |
| 11/03/2027 | Gross coupon | €216.00 |
| 11/03/2027 | Tax on the coupon | -€56.16 |
| 11/03/2028 | Gross coupon | €216.00 |
| 11/03/2028 | Tax on the coupon | -€56.16 |
| 11/03/2029 | Gross coupon | €216.00 |
| 11/03/2029 | Tax on the coupon | -€56.16 |
| 11/03/2029 | Redemption of the nominal | €9,000.00 |
| 11/03/2029 | Capital gain tax | -€12.40 |
| Net gain at maturity | €417.16 | |
It is the sum of all the movements: €9,682.31 received (coupons, redemption, tax credit on accrued interest) minus €9,265.15 paid (price, accrued interest, commissions and taxes) = €417.16. 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, 26% 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.