Calculate bond Current Yield and Yield to Maturity (YTM) across coupon frequencies.
Yield to Maturity (YTM)
5.66%
Current Yield
5.26%
Annual Coupon Payment
$50.00
Total Coupon Cash Flows
$500.00
Solves for Yield to Maturity (YTM) by finding the internal discount rate that equates bond cash flows to current market price.
1. Input bond face value, coupon rate, and market price. 2. Select years to maturity and coupon payment frequency. 3. View Current Yield and YTM.
Current Yield measures annual coupon income relative to current price. YTM measures total annualized return if held to maturity.
FAQ
When market interest rates rise, existing bond prices drop so their yield matches new prevailing market rates.
Par value (typically $1,000) is the principal face amount repaid to the bondholder at maturity.
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