Issue swap
Comparing and swapping issues
Name an issue from your portfolio and we will select bonds with a higher yield at comparable quality: the same credit zone, a term no longer, liquidity no lower. For a pair of issues we calculate the yield pickup before tax, after tax and net of the bid-ask spread, and show which risk it is paid for. Premiums are in basis points: 1 bp = 0.01%.
Pair
what we sell and what we buy instead
Selling · A
→
Buying · B
Select the current issue in the "Selling · A" field and the page will pick bonds with a higher yield at comparable quality. Or open this page from a bond card (the "Compare with another bond" button).
The yield is to the put or maturity at the MOEX market quote, as in the screener. "After tax" is an estimate from the cash flows (coupons are subject to personal income tax, and so is the gain to par; the long-term relief with 3+ years of holding exempts the gain but not the coupons). The comparison is what the market expects, assuming you hold to the put/maturity; tax on the realised gain when selling A (which depends on your purchase price), accrued interest and broker fees are excluded. After-tax yield is not computed for FX-denominated bonds. Not an individual investment recommendation.