Calculate a bond's price or its yield to maturity.
A bond is worth the present value of its coupons plus its face value. A 10-year, 6% coupon bond with a face value of 1,000, priced to yield 8%, is worth ₹864.10 — a discount to face value.
A bond pays regular coupons and returns its face value at maturity. Its price is the present value of those payments discounted at the market yield. This calculator finds the price from the coupon rate, yield and years to maturity, and — in the second tool — the yield to maturity (YTM) implied by the price you pay.
When market yields rise above a bond's coupon, its price falls below face value (a discount); when they fall, it trades at a premium. Use the Present Value Calculator for general discounting and the ROI Calculator to judge returns.
The calculator applies the standard financial formulas step by step.
| Item | Value |
|---|---|
| Face value | ₹1,000.00 |
| Annual coupon | ₹60.00 |
| Current yield (coupon ÷ price) | 6.944% |
| Yield to maturity | 8% |
| Price as % of face value | 86.41% |
| Total coupons received | ₹600.00 |
| Case | Price |
|---|---|
| Yield 6% (at par) | ₹1,000.00 |
| Yield 8% | ₹864.10 |
| Yield 10% | ₹750.76 |
| Yield 8%, 5 years | ₹918.89 |
| Yield 8%, 20 years | ₹802.07 |
As the present value of all future coupons plus the face value, discounted at the market yield.
The annual return if you buy the bond at its current price and hold it to maturity, with all coupons reinvested at the same yield.
Because new bonds pay higher coupons, so older, lower-coupon bonds must sell at a discount to match the market yield.
Annual coupon income divided by the bond's price. It ignores the gain or loss at maturity.
At par the price equals face value; premium is above it; discount is below it.
Yes: interest-rate risk, credit (default) risk and inflation risk. Higher yields usually mean higher risk.
It uses the standard formula: price = Σ C ÷ (1 + y)ᵏ + F ÷ (1 + y)ⁿ The full method and a worked example are shown on this page.
No. The calculator gives estimates for planning and learning. Real offers vary by lender, product and date, so confirm the details with your bank, lender or a qualified adviser before deciding.
Yes. The maths is identical in any currency; only the currency symbol shown in the results differs.
No. Everything is calculated in your browser and nothing you enter is uploaded or saved.
