ROMANIA TF 7,625% GE53 USD

XS2571924070RomaniaMINISTERUL FINANȚELORForeign governmentHi-MTF · MOT

Last price
101.47
as of 16/10/2026
Gross yield
7.64%
Net yield
6.66%
Maturity
17/01/2053
26y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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USD

Last price: 101.47 on 16/10/2026

Commissions
%
€
€

Percent of the order value, with a minimum and a maximum in euro (empty maximum = no limit). For a flat fee enter only the minimum.

Amounts are in USD, the bond currency: exchange rate effects (and their taxation) are not considered.
Settlement amount
US$8,255.39
Net gain at maturity
US$13,888.72
Net yield
6.65%
Gross yield
7.63%

Order details

Settlement date
20/10/2026
Purchase price (clean)
101.47
Nominal value
8,000
Clean value
US$8,117.60
Gross accrued interest
US$157.47
Tax credit on accrued interest
-US$19.68
Commissions
US$0.00
Settlement amount
US$8,255.39

Yields and duration

GrossNetNet without capital gain tax
Annual yield7.63%6.65%6.65%
Modified duration10.7711.5311.53

The last column applies when the capital gain is offset by earlier capital losses.

Outcome at maturity

Gross coupons
US$16,165.00
Tax on coupons
-US$2,020.89
Redemption of the nominal
US$8,000.00
Capital loss
-US$117.60
Capital gain tax
-US$0.00
Net gain at maturity
US$13,888.72

No tax: in Italy the capital loss can offset capital gains of the next four years.

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$8,117.60
20/10/2026Gross accrued interest-US$157.47
20/10/2026Tax credit on accrued interestUS$19.68
17/01/2027Gross couponUS$305.00
17/01/2027Tax on the coupon-US$38.13
17/07/2027Gross couponUS$305.00
17/07/2027Tax on the coupon-US$38.13
17/01/2028Gross couponUS$305.00
17/01/2028Tax on the coupon-US$38.13
17/07/2028Gross couponUS$305.00
17/07/2028Tax on the coupon-US$38.13
17/01/2029Gross couponUS$305.00
17/01/2029Tax on the coupon-US$38.13
17/07/2029Gross couponUS$305.00
17/07/2029Tax on the coupon-US$38.13
17/01/2030Gross couponUS$305.00
17/01/2030Tax on the coupon-US$38.13
17/07/2030Gross couponUS$305.00
17/07/2030Tax on the coupon-US$38.13
17/01/2031Gross couponUS$305.00
17/01/2031Tax on the coupon-US$38.13
17/07/2031Gross couponUS$305.00
17/07/2031Tax on the coupon-US$38.13
17/01/2032Gross couponUS$305.00
17/01/2032Tax on the coupon-US$38.13
17/07/2032Gross couponUS$305.00
17/07/2032Tax on the coupon-US$38.13
17/01/2033Gross couponUS$305.00
17/01/2033Tax on the coupon-US$38.13
17/07/2033Gross couponUS$305.00
17/07/2033Tax on the coupon-US$38.13
17/01/2034Gross couponUS$305.00
17/01/2034Tax on the coupon-US$38.13
17/07/2034Gross couponUS$305.00
17/07/2034Tax on the coupon-US$38.13
17/01/2035Gross couponUS$305.00
17/01/2035Tax on the coupon-US$38.13
17/07/2035Gross couponUS$305.00
17/07/2035Tax on the coupon-US$38.13
17/01/2036Gross couponUS$305.00
17/01/2036Tax on the coupon-US$38.13
17/07/2036Gross couponUS$305.00
17/07/2036Tax on the coupon-US$38.13
17/01/2037Gross couponUS$305.00
17/01/2037Tax on the coupon-US$38.13
17/07/2037Gross couponUS$305.00
17/07/2037Tax on the coupon-US$38.13
17/01/2038Gross couponUS$305.00
17/01/2038Tax on the coupon-US$38.13
17/07/2038Gross couponUS$305.00
17/07/2038Tax on the coupon-US$38.13
17/01/2039Gross couponUS$305.00
17/01/2039Tax on the coupon-US$38.13
17/07/2039Gross couponUS$305.00
17/07/2039Tax on the coupon-US$38.13
17/01/2040Gross couponUS$305.00
17/01/2040Tax on the coupon-US$38.13
17/07/2040Gross couponUS$305.00
17/07/2040Tax on the coupon-US$38.13
17/01/2041Gross couponUS$305.00
17/01/2041Tax on the coupon-US$38.13
17/07/2041Gross couponUS$305.00
17/07/2041Tax on the coupon-US$38.13
17/01/2042Gross couponUS$305.00
17/01/2042Tax on the coupon-US$38.13
17/07/2042Gross couponUS$305.00
17/07/2042Tax on the coupon-US$38.13
17/01/2043Gross couponUS$305.00
17/01/2043Tax on the coupon-US$38.13
17/07/2043Gross couponUS$305.00
17/07/2043Tax on the coupon-US$38.13
17/01/2044Gross couponUS$305.00
17/01/2044Tax on the coupon-US$38.13
17/07/2044Gross couponUS$305.00
17/07/2044Tax on the coupon-US$38.13
17/01/2045Gross couponUS$305.00
17/01/2045Tax on the coupon-US$38.13
17/07/2045Gross couponUS$305.00
17/07/2045Tax on the coupon-US$38.13
17/01/2046Gross couponUS$305.00
17/01/2046Tax on the coupon-US$38.13
17/07/2046Gross couponUS$305.00
17/07/2046Tax on the coupon-US$38.13
17/01/2047Gross couponUS$305.00
17/01/2047Tax on the coupon-US$38.13
17/07/2047Gross couponUS$305.00
17/07/2047Tax on the coupon-US$38.13
17/01/2048Gross couponUS$305.00
17/01/2048Tax on the coupon-US$38.13
17/07/2048Gross couponUS$305.00
17/07/2048Tax on the coupon-US$38.13
17/01/2049Gross couponUS$305.00
17/01/2049Tax on the coupon-US$38.13
17/07/2049Gross couponUS$305.00
17/07/2049Tax on the coupon-US$38.13
17/01/2050Gross couponUS$305.00
17/01/2050Tax on the coupon-US$38.13
17/07/2050Gross couponUS$305.00
17/07/2050Tax on the coupon-US$38.13
17/01/2051Gross couponUS$305.00
17/01/2051Tax on the coupon-US$38.13
17/07/2051Gross couponUS$305.00
17/07/2051Tax on the coupon-US$38.13
17/01/2052Gross couponUS$305.00
17/01/2052Tax on the coupon-US$38.13
17/07/2052Gross couponUS$305.00
17/07/2052Tax on the coupon-US$38.13
17/01/2053Gross couponUS$305.00
17/01/2053Tax on the coupon-US$38.13
17/01/2053Redemption of the nominalUS$8,000.00
Net gain at maturityUS$13,888.72

It is the sum of all the movements: US$24,184.68 received (coupons, redemption, tax credit on accrued interest) minus US$10,295.96 paid (price, accrued interest, commissions and taxes) = US$13,888.72. 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.