ROMANIA FX 5.75% JUL36 USD
XS3307981491
MINISTERUL FINANȚELORForeign governmentHi-MTF · MOT
- Last price
- 90.00
- as of 14/10/2026
- Gross yield
- 7.33%
- Net yield
- 6.43%
- Maturity
- 04/07/2036
- 9y 8m
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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.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.
Amounts are in USD, the bond currency: exchange rate effects (and their taxation) are not considered.
- Settlement amount
- US$9,147.66
- Net gain at maturity
- US$5,758.54
- Net yield
- 6.43%
- Gross yield
- 7.32%
Order details
- Settlement date
- 20/10/2026
- Purchase price (clean)
- 90.00
- Nominal value
- 10,000
- Clean value
- US$9,000.00
- Gross accrued interest
- US$168.75
- Tax credit on accrued interest
- -US$21.09
- Commissions
- US$0.00
- Settlement amount
- US$9,147.66
Yields and duration
| Gross | Net | Net without capital gain tax | |
|---|---|---|---|
| Annual yield | 7.32% | 6.43% | 6.53% |
| Modified duration | 6.81 | 6.95 | 6.93 |
The last column applies when the capital gain is offset by earlier capital losses.
Outcome at maturity
- Gross coupons
- US$5,750.00
- Tax on coupons
- -US$718.80
- Redemption of the nominal
- US$10,000.00
- Capital gain
- US$1,000.00
- Capital gain tax
- -US$125.00
- Net gain at maturity
- US$5,758.54
Cash flows
| Date | Description | Amount |
|---|---|---|
| 20/10/2026 | Payment of the price | -US$9,000.00 |
| 20/10/2026 | Gross accrued interest | -US$168.75 |
| 20/10/2026 | Tax credit on accrued interest | US$21.09 |
| 04/01/2027 | Gross coupon | US$287.50 |
| 04/01/2027 | Tax on the coupon | -US$35.94 |
| 04/07/2027 | Gross coupon | US$287.50 |
| 04/07/2027 | Tax on the coupon | -US$35.94 |
| 04/01/2028 | Gross coupon | US$287.50 |
| 04/01/2028 | Tax on the coupon | -US$35.94 |
| 04/07/2028 | Gross coupon | US$287.50 |
| 04/07/2028 | Tax on the coupon | -US$35.94 |
| 04/01/2029 | Gross coupon | US$287.50 |
| 04/01/2029 | Tax on the coupon | -US$35.94 |
| 04/07/2029 | Gross coupon | US$287.50 |
| 04/07/2029 | Tax on the coupon | -US$35.94 |
| 04/01/2030 | Gross coupon | US$287.50 |
| 04/01/2030 | Tax on the coupon | -US$35.94 |
| 04/07/2030 | Gross coupon | US$287.50 |
| 04/07/2030 | Tax on the coupon | -US$35.94 |
| 04/01/2031 | Gross coupon | US$287.50 |
| 04/01/2031 | Tax on the coupon | -US$35.94 |
| 04/07/2031 | Gross coupon | US$287.50 |
| 04/07/2031 | Tax on the coupon | -US$35.94 |
| 04/01/2032 | Gross coupon | US$287.50 |
| 04/01/2032 | Tax on the coupon | -US$35.94 |
| 04/07/2032 | Gross coupon | US$287.50 |
| 04/07/2032 | Tax on the coupon | -US$35.94 |
| 04/01/2033 | Gross coupon | US$287.50 |
| 04/01/2033 | Tax on the coupon | -US$35.94 |
| 04/07/2033 | Gross coupon | US$287.50 |
| 04/07/2033 | Tax on the coupon | -US$35.94 |
| 04/01/2034 | Gross coupon | US$287.50 |
| 04/01/2034 | Tax on the coupon | -US$35.94 |
| 04/07/2034 | Gross coupon | US$287.50 |
| 04/07/2034 | Tax on the coupon | -US$35.94 |
| 04/01/2035 | Gross coupon | US$287.50 |
| 04/01/2035 | Tax on the coupon | -US$35.94 |
| 04/07/2035 | Gross coupon | US$287.50 |
| 04/07/2035 | Tax on the coupon | -US$35.94 |
| 04/01/2036 | Gross coupon | US$287.50 |
| 04/01/2036 | Tax on the coupon | -US$35.94 |
| 04/07/2036 | Gross coupon | US$287.50 |
| 04/07/2036 | Tax on the coupon | -US$35.94 |
| 04/07/2036 | Redemption of the nominal | US$10,000.00 |
| 04/07/2036 | Capital gain tax | -US$125.00 |
| Net gain at maturity | US$5,758.54 | |
It is the sum of all the movements: US$15,771.09 received (coupons, redemption, tax credit on accrued interest) minus US$10,012.55 paid (price, accrued interest, commissions and taxes) = US$5,758.54. 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.