BULGARIA FX 5% MAR37 USD

XS2890436087BulgariaМинистерство на финанситеForeign governmentMOT

Last price
91.38
as of 13/10/2026
Gross yield
6.23%
Net yield
5.46%
Maturity
05/03/2037
10y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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USD

Last price: 91.38 on 13/10/2026

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$9,192.38
Net gain at maturity
US$5,293.62
Net yield
5.46%
Gross yield
6.23%

Order details

Settlement date
20/10/2026
Purchase price (clean)
91.38
Nominal value
10,000
Clean value
US$9,138.00
Gross accrued interest
US$62.15
Tax credit on accrued interest
-US$7.77
Commissions
US$0.00
Settlement amount
US$9,192.38

Yields and duration

GrossNetNet without capital gain tax
Annual yield6.23%5.46%5.55%
Modified duration7.587.717.70

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

Outcome at maturity

Gross coupons
US$5,250.00
Tax on coupons
-US$656.25
Redemption of the nominal
US$10,000.00
Capital gain
US$862.00
Capital gain tax
-US$107.75
Net gain at maturity
US$5,293.62

Cash flows

DateDescriptionAmount
20/10/2026Payment of the price-US$9,138.00
20/10/2026Gross accrued interest-US$62.15
20/10/2026Tax credit on accrued interestUS$7.77
05/03/2027Gross couponUS$250.00
05/03/2027Tax on the coupon-US$31.25
05/09/2027Gross couponUS$250.00
05/09/2027Tax on the coupon-US$31.25
05/03/2028Gross couponUS$250.00
05/03/2028Tax on the coupon-US$31.25
05/09/2028Gross couponUS$250.00
05/09/2028Tax on the coupon-US$31.25
05/03/2029Gross couponUS$250.00
05/03/2029Tax on the coupon-US$31.25
05/09/2029Gross couponUS$250.00
05/09/2029Tax on the coupon-US$31.25
05/03/2030Gross couponUS$250.00
05/03/2030Tax on the coupon-US$31.25
05/09/2030Gross couponUS$250.00
05/09/2030Tax on the coupon-US$31.25
05/03/2031Gross couponUS$250.00
05/03/2031Tax on the coupon-US$31.25
05/09/2031Gross couponUS$250.00
05/09/2031Tax on the coupon-US$31.25
05/03/2032Gross couponUS$250.00
05/03/2032Tax on the coupon-US$31.25
05/09/2032Gross couponUS$250.00
05/09/2032Tax on the coupon-US$31.25
05/03/2033Gross couponUS$250.00
05/03/2033Tax on the coupon-US$31.25
05/09/2033Gross couponUS$250.00
05/09/2033Tax on the coupon-US$31.25
05/03/2034Gross couponUS$250.00
05/03/2034Tax on the coupon-US$31.25
05/09/2034Gross couponUS$250.00
05/09/2034Tax on the coupon-US$31.25
05/03/2035Gross couponUS$250.00
05/03/2035Tax on the coupon-US$31.25
05/09/2035Gross couponUS$250.00
05/09/2035Tax on the coupon-US$31.25
05/03/2036Gross couponUS$250.00
05/03/2036Tax on the coupon-US$31.25
05/09/2036Gross couponUS$250.00
05/09/2036Tax on the coupon-US$31.25
05/03/2037Gross couponUS$250.00
05/03/2037Tax on the coupon-US$31.25
05/03/2037Redemption of the nominalUS$10,000.00
05/03/2037Capital gain tax-US$107.75
Net gain at maturityUS$5,293.62

It is the sum of all the movements: US$15,257.77 received (coupons, redemption, tax credit on accrued interest) minus US$9,964.15 paid (price, accrued interest, commissions and taxes) = US$5,293.62. 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.