Bond Yield Calculator
Enter bond face value, coupon rate, current price, and years to maturity. See approximate yield to maturity (simplified).
Bond yield
Enter values.
How it works
Simplified: annual coupon payment and price. YTM approximation: (coupon + (face−price)/years) / ((face+price)/2). Not exact but useful for comparison.
When to use it
Use it to compare bonds or to see what yield a price implies.
Frequently asked questions
Exact YTM?
Exact YTM requires solving for rate in PV equation. We use an approximation.
Callable bonds?
We don't model call features. Use for non-callable or as estimate.