Bond Yield Calculator

    Calculate bond yield to maturity

    $
    %
    $

    Formula

    YTM β‰ˆ (Coupon + (Face - Price)/Years) / ((Face + Price)/2)

    Approximate yield to maturity accounts for coupon payments and capital gain/loss at maturity.

    Examples

    000 bond, 5% coupon, $950 price

    Current yield 5.26%, YTM β‰ˆ 5.54%.

    Frequently Asked Questions

    About Bond Yield

    Calculate bond yields including current yield and approximate yield to maturity.