ROMANIA TF 7,125% GE33 USD
XS2571923007
MINISTERUL FINANȚELORForeign governmentMOT
- Last price
- 102.65
- as of 15/10/2026
- Gross yield
- 6.71%
- Net yield
- 5.80%
- Maturity
- 17/01/2033
- 6y 3m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
Amounts are in USD, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- US$8,340.76
- Net gain at maturity
- US$2,901.05
- Net yield
- 5.80%
- Gross yield
- 6.70%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 102.65
- Nominal value
- 8,000
- Clean value
- US$8,212.00
- Gross accrued interest
- US$147.15
- Tax credit on accrued interest
- -US$18.39
- Commissions
- US$0.00
- Settlement amount
- US$8,340.76
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 6.70% | 5.80% | 5.80% |
| Modified duration | 4.76 | 4.83 | 4.83 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$3,705.00
- Tax on coupons
- -US$463.19
- Redemption of the nominal
- US$8,000.00
- Capital loss
- -US$212.00
- Capital gain tax
- -US$0.00
- Net gain at maturity
- US$2,901.05
No tax: in Italy the capital loss can offset capital gains of the next four years.
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -US$8,212.00 |
| 20/10/2026 | Gross accrued interest | -US$147.15 |
| 20/10/2026 | Tax credit on accrued interest | US$18.39 |
| 17/01/2027 | Gross coupon | US$285.00 |
| 17/01/2027 | Tax on the coupon | -US$35.63 |
| 17/07/2027 | Gross coupon | US$285.00 |
| 17/07/2027 | Tax on the coupon | -US$35.63 |
| 17/01/2028 | Gross coupon | US$285.00 |
| 17/01/2028 | Tax on the coupon | -US$35.63 |
| 17/07/2028 | Gross coupon | US$285.00 |
| 17/07/2028 | Tax on the coupon | -US$35.63 |
| 17/01/2029 | Gross coupon | US$285.00 |
| 17/01/2029 | Tax on the coupon | -US$35.63 |
| 17/07/2029 | Gross coupon | US$285.00 |
| 17/07/2029 | Tax on the coupon | -US$35.63 |
| 17/01/2030 | Gross coupon | US$285.00 |
| 17/01/2030 | Tax on the coupon | -US$35.63 |
| 17/07/2030 | Gross coupon | US$285.00 |
| 17/07/2030 | Tax on the coupon | -US$35.63 |
| 17/01/2031 | Gross coupon | US$285.00 |
| 17/01/2031 | Tax on the coupon | -US$35.63 |
| 17/07/2031 | Gross coupon | US$285.00 |
| 17/07/2031 | Tax on the coupon | -US$35.63 |
| 17/01/2032 | Gross coupon | US$285.00 |
| 17/01/2032 | Tax on the coupon | -US$35.63 |
| 17/07/2032 | Gross coupon | US$285.00 |
| 17/07/2032 | Tax on the coupon | -US$35.63 |
| 17/01/2033 | Gross coupon | US$285.00 |
| 17/01/2033 | Tax on the coupon | -US$35.63 |
| 17/01/2033 | Redemption of the nominal | US$8,000.00 |
| Net gain at maturity | US$2,901.05 | |
It is the sum of all the movements: US$11,723.39 received (coupons, redemption, tax credit on accrued interest) minus US$8,822.34 paid (price, accrued interest, commissions and taxes) = US$2,901.05. 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.