TELECOMITALI FX 3.625% SEP30 CALL EUR
XS3194057553
TELECOM ITALIA SPA O TIM S.P.A.CorporateEuroTLX · Hi-MTF · MOT
- Last price
- 98.14
- as of 13/10/2026
- Gross yield
- 4.14%
- Net yield
- 3.07%
- Maturity
- 30/09/2030
- 3y 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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.
Simulate a purchase
Change the values: every figure updates at once. The page link keeps the simulation.
- Settlement amount
- €9,827.96
- Net gain at maturity
- €1,196.68
- Net yield
- 3.07%
- Gross yield
- 4.14%
Order details
- Settlement date
- 19/10/2026
- Purchase price (clean)
- 98.14
- Nominal value
- 10,000
- Clean value
- €9,814.00
- Gross accrued interest
- €18.87
- Tax credit on accrued interest
- -€4.91
- Commissions
- €0.00
- Settlement amount
- €9,827.96
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.14% | 3.07% | 3.19% |
| Modified duration | 3.59 | 3.64 | 3.63 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €1,450.00
- Tax on coupons
- -€377.00
- Redemption of the nominal
- €10,000.00
- Capital gain
- €186.00
- Capital gain tax
- -€48.36
- Net gain at maturity
- €1,196.68
Cash flows
| Date | Description | Amount |
|---|---|---|
| 19/10/2026 | Payment of the price | -€9,814.00 |
| 19/10/2026 | Gross accrued interest | -€18.87 |
| 19/10/2026 | Tax credit on accrued interest | €4.91 |
| 30/09/2027 | Gross coupon | €362.50 |
| 30/09/2027 | Tax on the coupon | -€94.25 |
| 30/09/2028 | Gross coupon | €362.50 |
| 30/09/2028 | Tax on the coupon | -€94.25 |
| 30/09/2029 | Gross coupon | €362.50 |
| 30/09/2029 | Tax on the coupon | -€94.25 |
| 30/09/2030 | Gross coupon | €362.50 |
| 30/09/2030 | Tax on the coupon | -€94.25 |
| 30/09/2030 | Redemption of the nominal | €10,000.00 |
| 30/09/2030 | Capital gain tax | -€48.36 |
| Net gain at maturity | €1,196.68 | |
It is the sum of all the movements: €11,454.91 received (coupons, redemption, tax credit on accrued interest) minus €10,258.23 paid (price, accrued interest, commissions and taxes) = €1,196.68. 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, 26% 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.