My bond ladder

Pick the bonds, set nominal, price and commissions and see the yields, the coupons month by month and the redemptions of your ladder.

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 Prices and data may be inaccurate or out of date: always check with your broker and the bond documentation and, if needed, consult a licensed adviser.

Add a bond

The bonds you pick stay saved in this browser; to show them to someone else, copy the link above.

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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.
  • Italian taxes (administered regime) on coupons and capital gains: 12.5% for government and supranational bonds, 26% for the others. Commissions are part of the purchase cost. Stamp duty and the 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.
  • The overall annual yield is the internal rate of return of all the flows of the euro bonds together. Bonds in other currencies have their own figures but stay out of the totals.