Bond Calculator – Price, Yield, and Coupon
Calculate bond price from yield, and understand the price-yield relationship.
📊 Finance📐
Face value ($)
Coupon rate (%)
Years to maturity
Market yield (%)
Please enter valid values.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Bond Calculator – Price, Yield, and Coupon | result |
Step-by-Step Examples
Example 1
$1K, 5%, 10yr, 5% yield
- Price: $1,000 (par)
✓ At par
Example 2
Yield rises to 6%
- Price: $926 (discount)
✓ $926
Example 3
Yield falls to 4%
- Price: $1,081 (premium)
✓ $1,081
Real-World Applications
Investors
Calculate bond price.
Fixed Income
Evaluate purchases.
Students
Bond pricing basics.
Managers
Portfolio pricing.
Common Mistakes to Avoid
⚠️
Coupon vs yield
Coupon is fixed. Yield changes with market price.
⚠️
Duration risk
Long bonds more sensitive to rate changes.
Frequently Asked Questions
Price vs yield? ▾
Inverse: yields rise = prices fall.
Bond types? ▾
Treasuries, municipals, corporate, I-bonds.
I-bonds 2024? ▾
Inflation-indexed. $10K/year limit. TreasuryDirect.gov.