Wanttoretireat30. I think you are talking here about two different things, one is paying the loan like you calculated which would be the interest component blus the principal to pay the debt down by the end date. Paying the interest only component like in a bond is different to your calculator. You pay coupons and at the end of the bond's life you also pay the principal entirely, so you would pay the 10m euro at the end. I didn't do the maths myself as I'm working, but it seems people are looking at the financing two ways.
CDB Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
