IADB TF 6,5% MZ31 BRL
XS2307046354Inter-American Development BankSupranationalMOT
- Last price
- 84.95
- as of 15/10/2026
- Gross yield
- 10.99%
- Net yield
- 9.69%
- Maturity
- 04/03/2031
- 4y 4m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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 BRL, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- R$8,853.39
- Net gain at maturity
- R$3,802.23
- Net yield
- 9.68%
- Gross yield
- 10.99%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 84.95
- Nominal value
- 10,000
- Clean value
- R$8,495.00
- Gross accrued interest
- R$409.59
- Tax credit on accrued interest
- -R$51.20
- Commissions
- R$0.00
- Settlement amount
- R$8,853.39
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 10.99% | 9.68% | 10.09% |
| Modified duration | 3.37 | 3.42 | 3.41 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- R$3,250.00
- Tax on coupons
- -R$406.25
- Redemption of the nominal
- R$10,000.00
- Capital gain
- R$1,505.00
- Capital gain tax
- -R$188.13
- Net gain at maturity
- R$3,802.23
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -R$8,495.00 |
| 20/10/2026 | Gross accrued interest | -R$409.59 |
| 20/10/2026 | Tax credit on accrued interest | R$51.20 |
| 04/03/2027 | Gross coupon | R$650.00 |
| 04/03/2027 | Tax on the coupon | -R$81.25 |
| 04/03/2028 | Gross coupon | R$650.00 |
| 04/03/2028 | Tax on the coupon | -R$81.25 |
| 04/03/2029 | Gross coupon | R$650.00 |
| 04/03/2029 | Tax on the coupon | -R$81.25 |
| 04/03/2030 | Gross coupon | R$650.00 |
| 04/03/2030 | Tax on the coupon | -R$81.25 |
| 04/03/2031 | Gross coupon | R$650.00 |
| 04/03/2031 | Tax on the coupon | -R$81.25 |
| 04/03/2031 | Redemption of the nominal | R$10,000.00 |
| 04/03/2031 | Capital gain tax | -R$188.13 |
| Net gain at maturity | R$3,802.23 | |
It is the sum of all the movements: R$13,301.20 received (coupons, redemption, tax credit on accrued interest) minus R$9,498.97 paid (price, accrued interest, commissions and taxes) = R$3,802.23. 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.