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ZOVATOOL

Bond Price & Yield Calculator

Bond price
$925.61
Current yield
5.40%
Coupon per period
$25.00
Total coupon income$500.00
Total return at maturity$574.39
Premium / discountDiscount

How to use the Bond Calculator

  1. Enter face value, coupon rate, years to maturity and coupon frequency (usually semi-annual).
  2. Pick a mode: enter YTM to get bond price, or enter market price to solve for YTM.
  3. Read bond price, current yield, coupon income and premium/discount status.
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Bond price and yield move in opposite directions

If rates rise, existing bonds with lower coupons become less attractive — their price drops until their YTM matches new issues.

Trading at a premium (price > face) means the coupon is above market — you'll lose principal at maturity but earn more coupons. At a discount is the reverse.

Duration (interest-rate sensitivity) matters more than YTM for medium-term bonds. Longer maturity = bigger price swings.