Bond Yield Calculator

Calculate current yield, yield to maturity (YTM), yield to call, Macaulay and modified duration, and cash flow schedules for any bond investment.

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Bond Yield Calculator

Calculate current yield, yield to maturity (YTM), yield to call, Macaulay & modified duration, coupon payments, and full cash flow table for any bond investment.

Bond Details

Amount paid at maturity — usually $1,000

Price you pay to buy the bond today

Most US corporate & treasury bonds pay semi-annually

Discount Bond
Price < Face — selling below par
Price vs Face: -$50.00
Current Yield

5.263%

$50.00/yr

Yield to Maturity

5.662%

Approx: 5.641%

Macaulay Duration

7.93 yr

Mod: 7.71

Coupon Payment

$25.00

Per 6mo

Nominal Yield

5.000%

Coupon rate

Total Interest

$500.00

10 years

Total Return

$550.00

At maturity

Capital Gain/Loss

$50.00

Gain at par

Investment$950.00
Face value returned$1,000.00
Coupon payments (20 total)$500.00
Total cash received$1,500.00
Net return at maturity$550.00

Frequently Asked Questions

What does it calculate?

Current yield, yield to maturity (YTM), yield to call, Macaulay and modified duration, and a full cash-flow schedule discounted at the computed yield.

How is YTM calculated?

YTM is the internal rate of return that equates the PV of all coupons plus face value at maturity to the bond market price. Uses bisection (up to 30 iterations) for precision, plus an approximate formula for quick reference.

Macaulay vs modified duration?

Macaulay = weighted average time until cash flows are received. Modified = Macaulay / (1 + YTM/freq) and approximates the % price change for a 1% rate move — a key interest-rate risk measure.

Is the Bond Yield Calculator free to use?

Yes, the Bond Yield Calculator is 100% free with no registration, no hidden fees, and no usage limits. All processing happens locally in your browser, ensuring complete privacy.

Is my data safe with this tool?

Absolutely. The Bond Yield Calculator processes everything client-side in your browser. No data is uploaded to or stored on any server. Your content remains private on your device at all times.

Does the Bond Yield Calculator work on mobile devices?

Yes, the Bond Yield Calculator is fully responsive and works on smartphones and tablets. You can use it on any device with a modern web browser -- no app download required.

Do I need to create an account to use this tool?

No account or registration is needed. Simply open the Bond Yield Calculator in your browser and start using it immediately. There are no sign-up walls or usage restrictions.

How accurate are the calculations?

The Bond Yield Calculator uses industry-standard formulas and algorithms to ensure accurate results. However, for critical financial or medical decisions, always consult a qualified professional.

How do I use the Bond Yield Calculator?

Simply enter your input in the provided field, adjust any settings to your preference, and the tool will process it instantly. You can then copy the result to your clipboard or download it.

Which browsers are supported?

The Bond Yield Calculator works in all modern browsers including Chrome, Firefox, Safari, Edge, and Opera. For the best experience, use the latest version of your preferred browser.

About Bond Yield Calculator

Bond Yield Calculator is a free, browser-based tool in our Calculator Tools collection. Everything runs locally on your device — no uploads, no sign-up, and your data stays private.

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