Finance category
Mortgage, loan, investing, tax, and money calculators.
Bond Yield Calculator
Estimate how much coupon income a bond pays, what its current market yield looks like, and how an approximate yield to maturity changes when the bond trades at a discount or premium.
Annual coupon income
$50
Current yield
5.26%
Approx. yield to maturity
5.77%
How to Use
- Enter the bond face value and coupon rate to calculate annual coupon income.
- Add the current market price so the calculator can compare income against what the bond costs today.
- Enter the years remaining until maturity to estimate the effect of any premium or discount.
- Review annual coupon income, current yield, and approximate yield to maturity before comparing the bond with other income options.
Frequently Asked Questions
What is current yield?
Current yield is annual coupon income divided by the bond's current market price. It is a quick income snapshot rather than a full total-return measure.
What is yield to maturity?
Yield to maturity estimates the annualized return if you buy the bond today and hold it until maturity, including the effect of buying at a premium or discount.
Is this yield-to-maturity figure exact?
No. This page uses an approximate YTM method that is useful for fast comparisons but not for professional bond pricing or trading decisions.
Why can a low-coupon bond still have a competitive yield?
If the bond trades below face value, the price discount boosts the total return you may realize by maturity.
Can I compare this with dividend income?
Yes, but remember bond payments and stock dividends carry different risks, tax treatment, and upside potential.
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