BULGARIA FX 3.625% SEP32 EUR
XS2890420834
Министерство на финанситеForeign governmentMOT
- Last price
- 97.58
- as of 14/10/2026
- Gross yield
- 4.09%
- Net yield
- 3.59%
- Maturity
- 05/09/2032
- 5y 11m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
- Settlement amount
- €9,797.10
- Net gain at maturity
- €2,075.79
- Net yield
- 3.58%
- Gross yield
- 4.09%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 97.58
- Nominal value
- 10,000
- Clean value
- €9,758.00
- Gross accrued interest
- €44.69
- Tax credit on accrued interest
- -€5.59
- Commissions
- €0.00
- Settlement amount
- €9,797.10
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.09% | 3.58% | 3.63% |
| Modified duration | 5.16 | 5.20 | 5.19 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €2,175.00
- Tax on coupons
- -€271.86
- Redemption of the nominal
- €10,000.00
- Capital gain
- €242.00
- Capital gain tax
- -€30.25
- Net gain at maturity
- €2,075.79
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,758.00 |
| 20/10/2026 | Gross accrued interest | -€44.69 |
| 20/10/2026 | Tax credit on accrued interest | €5.59 |
| 05/09/2027 | Gross coupon | €362.50 |
| 05/09/2027 | Tax on the coupon | -€45.31 |
| 05/09/2028 | Gross coupon | €362.50 |
| 05/09/2028 | Tax on the coupon | -€45.31 |
| 05/09/2029 | Gross coupon | €362.50 |
| 05/09/2029 | Tax on the coupon | -€45.31 |
| 05/09/2030 | Gross coupon | €362.50 |
| 05/09/2030 | Tax on the coupon | -€45.31 |
| 05/09/2031 | Gross coupon | €362.50 |
| 05/09/2031 | Tax on the coupon | -€45.31 |
| 05/09/2032 | Gross coupon | €362.50 |
| 05/09/2032 | Tax on the coupon | -€45.31 |
| 05/09/2032 | Redemption of the nominal | €10,000.00 |
| 05/09/2032 | Capital gain tax | -€30.25 |
| Net gain at maturity | €2,075.79 | |
It is the sum of all the movements: €12,180.59 received (coupons, redemption, tax credit on accrued interest) minus €10,104.80 paid (price, accrued interest, commissions and taxes) = €2,075.79. 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.