ROMANIA FX 6% SEP44 EUR

XS2908645265RomaniaMINISTERUL FINANȚELORForeign governmentHi-MTF · MOT

Last price
92.63
as of 14/10/2026
Gross yield
6.72%
Net yield
5.90%
Maturity
24/09/2044
17y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

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EUR

Last price: 92.63 on 14/10/2026

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.

Settlement amount
€9,298.96
Net gain at maturity
€10,058.91
Net yield
5.89%
Gross yield
6.71%

Order details

Settlement date
19/10/2026
Purchase price (clean)
92.63
Nominal value
10,000
Clean value
€9,263.00
Gross accrued interest
€41.10
Tax credit on accrued interest
-€5.14
Commissions
€0.00
Settlement amount
€9,298.96

Yields and duration

GrossNetNet without capital gain tax
Annual yield6.71%5.89%5.92%
Modified duration10.4510.8210.80

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

Outcome at maturity

Gross coupons
€10,800.00
Tax on coupons
-€1,350.00
Redemption of the nominal
€10,000.00
Capital gain
€737.00
Capital gain tax
-€92.13
Net gain at maturity
€10,058.91

Cash flows

DateDescriptionAmount
19/10/2026Payment of the price-€9,263.00
19/10/2026Gross accrued interest-€41.10
19/10/2026Tax credit on accrued interest€5.14
24/09/2027Gross coupon€600.00
24/09/2027Tax on the coupon-€75.00
24/09/2028Gross coupon€600.00
24/09/2028Tax on the coupon-€75.00
24/09/2029Gross coupon€600.00
24/09/2029Tax on the coupon-€75.00
24/09/2030Gross coupon€600.00
24/09/2030Tax on the coupon-€75.00
24/09/2031Gross coupon€600.00
24/09/2031Tax on the coupon-€75.00
24/09/2032Gross coupon€600.00
24/09/2032Tax on the coupon-€75.00
24/09/2033Gross coupon€600.00
24/09/2033Tax on the coupon-€75.00
24/09/2034Gross coupon€600.00
24/09/2034Tax on the coupon-€75.00
24/09/2035Gross coupon€600.00
24/09/2035Tax on the coupon-€75.00
24/09/2036Gross coupon€600.00
24/09/2036Tax on the coupon-€75.00
24/09/2037Gross coupon€600.00
24/09/2037Tax on the coupon-€75.00
24/09/2038Gross coupon€600.00
24/09/2038Tax on the coupon-€75.00
24/09/2039Gross coupon€600.00
24/09/2039Tax on the coupon-€75.00
24/09/2040Gross coupon€600.00
24/09/2040Tax on the coupon-€75.00
24/09/2041Gross coupon€600.00
24/09/2041Tax on the coupon-€75.00
24/09/2042Gross coupon€600.00
24/09/2042Tax on the coupon-€75.00
24/09/2043Gross coupon€600.00
24/09/2043Tax on the coupon-€75.00
24/09/2044Gross coupon€600.00
24/09/2044Tax on the coupon-€75.00
24/09/2044Redemption of the nominal€10,000.00
24/09/2044Capital gain tax-€92.13
Net gain at maturity€10,058.91

It is the sum of all the movements: €20,805.14 received (coupons, redemption, tax credit on accrued interest) minus €10,746.23 paid (price, accrued interest, commissions and taxes) = €10,058.91. 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.