BTP Valore Calculator

Calculate yields for BTP Valore step-up bonds with custom parameters, coupon schedule, and tax analysis.

This tool is for informational and educational purposes only. It does not constitute financial advice.

Parameters

Nominal ValueAmount invested. Minimum: €1,000. Placed at par (price = 100).

€

Settlement DateData di godimento: date from which interest accrues.

MaturitySettlement date + total coupon step years.10/03/2032

Duration6 years

Years

Annual Rate

Years

Annual Rate

Years

Annual Rate

Loyalty PremiumExtra bonus at maturity for holders since issuance. Taxed at 12.5%.

Gross YieldXIRR on gross cash flows, before tax or stamp duty.

3.33%

Net YieldXIRR after 12.5% tax. Does not include stamp duty.

2.92%

Net (incl. stamp duty)XIRR after both 12.5% tax and 0.2% stamp duty.

2.71%

MIRRModified IRR with realistic reinvestment rate.

2.64%

GrossSum of all cash flows before tax.

2000,00 €

3.08% ann.

NetSum of all cash flows after 12.5% tax.

1750,00 €

2.72% ann.

Net overallSum of all cash flows after tax and stamp duty.

1630,00 €

2.55% ann.