WORLD BANK SUSTAIN FX 4.125% JUL31 GBP
XS2861554645International Bank for Reconstruction and DevelopmentSupranationalMOT
- Last price
- 96.30
- as of 14/10/2026
- Gross yield
- 5.01%
- Net yield
- 4.39%
- Maturity
- 31/07/2031
- 4y 9m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
Change the values: every figure updates at once. The page link keeps the simulation.
Amounts are in GBP, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- £9,710.10
- Net gain at maturity
- £2,048.35
- Net yield
- 4.39%
- Gross yield
- 5.01%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 96.30
- Nominal value
- 10,000
- Clean value
- £9,630.00
- Gross accrued interest
- £91.54
- Tax credit on accrued interest
- -£11.44
- Commissions
- £0.00
- Settlement amount
- £9,710.10
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 5.01% | 4.39% | 4.48% |
| Modified duration | 4.18 | 4.21 | 4.21 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- £2,062.50
- Tax on coupons
- -£257.80
- Redemption of the nominal
- £10,000.00
- Capital gain
- £370.00
- Capital gain tax
- -£46.25
- Net gain at maturity
- £2,048.35
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -£9,630.00 |
| 20/10/2026 | Gross accrued interest | -£91.54 |
| 20/10/2026 | Tax credit on accrued interest | £11.44 |
| 31/07/2027 | Gross coupon | £412.50 |
| 31/07/2027 | Tax on the coupon | -£51.56 |
| 31/07/2028 | Gross coupon | £412.50 |
| 31/07/2028 | Tax on the coupon | -£51.56 |
| 31/07/2029 | Gross coupon | £412.50 |
| 31/07/2029 | Tax on the coupon | -£51.56 |
| 31/07/2030 | Gross coupon | £412.50 |
| 31/07/2030 | Tax on the coupon | -£51.56 |
| 31/07/2031 | Gross coupon | £412.50 |
| 31/07/2031 | Tax on the coupon | -£51.56 |
| 31/07/2031 | Redemption of the nominal | £10,000.00 |
| 31/07/2031 | Capital gain tax | -£46.25 |
| Net gain at maturity | £2,048.35 | |
It is the sum of all the movements: £12,073.94 received (coupons, redemption, tax credit on accrued interest) minus £10,025.59 paid (price, accrued interest, commissions and taxes) = £2,048.35. 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.