HUNGARY FX 4.875% MAR38 EUR
XS3269555234
MagyarországForeign governmentHi-MTF · MOT
- Last price
- 100.65
- as of 16/10/2026
- Gross yield
- 4.80%
- Net yield
- 4.19%
- Maturity
- 25/03/2038
- 11y 5m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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
- €9,278.33
- Net gain at maturity
- €4,328.59
- Net yield
- 4.19%
- Gross yield
- 4.79%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 100.65
- Nominal value
- 9,000
- Clean value
- €9,058.50
- Gross accrued interest
- €251.23
- Tax credit on accrued interest
- -€31.40
- Commissions
- €0.00
- Settlement amount
- €9,278.33
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 4.79% | 4.19% | 4.19% |
| Modified duration | 8.40 | 8.53 | 8.53 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- €5,265.00
- Tax on coupons
- -€658.08
- Redemption of the nominal
- €9,000.00
- Capital loss
- -€58.50
- Capital gain tax
- -€0.00
- Net gain at maturity
- €4,328.59
No tax: in Italy the capital loss can offset capital gains of the next four years.
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -€9,058.50 |
| 20/10/2026 | Gross accrued interest | -€251.23 |
| 20/10/2026 | Tax credit on accrued interest | €31.40 |
| 25/03/2027 | Gross coupon | €438.75 |
| 25/03/2027 | Tax on the coupon | -€54.84 |
| 25/03/2028 | Gross coupon | €438.75 |
| 25/03/2028 | Tax on the coupon | -€54.84 |
| 25/03/2029 | Gross coupon | €438.75 |
| 25/03/2029 | Tax on the coupon | -€54.84 |
| 25/03/2030 | Gross coupon | €438.75 |
| 25/03/2030 | Tax on the coupon | -€54.84 |
| 25/03/2031 | Gross coupon | €438.75 |
| 25/03/2031 | Tax on the coupon | -€54.84 |
| 25/03/2032 | Gross coupon | €438.75 |
| 25/03/2032 | Tax on the coupon | -€54.84 |
| 25/03/2033 | Gross coupon | €438.75 |
| 25/03/2033 | Tax on the coupon | -€54.84 |
| 25/03/2034 | Gross coupon | €438.75 |
| 25/03/2034 | Tax on the coupon | -€54.84 |
| 25/03/2035 | Gross coupon | €438.75 |
| 25/03/2035 | Tax on the coupon | -€54.84 |
| 25/03/2036 | Gross coupon | €438.75 |
| 25/03/2036 | Tax on the coupon | -€54.84 |
| 25/03/2037 | Gross coupon | €438.75 |
| 25/03/2037 | Tax on the coupon | -€54.84 |
| 25/03/2038 | Gross coupon | €438.75 |
| 25/03/2038 | Tax on the coupon | -€54.84 |
| 25/03/2038 | Redemption of the nominal | €9,000.00 |
| Net gain at maturity | €4,328.59 | |
It is the sum of all the movements: €14,296.40 received (coupons, redemption, tax credit on accrued interest) minus €9,967.81 paid (price, accrued interest, commissions and taxes) = €4,328.59. 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.