BOND Calculator

Free Online BOND Calculator

Bond Pricing · Yield Calculator · Bond Comparison

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Bond Calculator
Bond Pricing · Yield Calculator · Bond Comparison
Calculate the fair market price of a bond. A bond's price is the present value of all future coupon payments plus the face value, discounted at the required yield (market rate). When market rates rise, bond prices fall — and vice versa.
Bond Parameters
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yrs
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Bond Pricing Summary
Bond Price
Price as % of Par
Face Value
Annual Coupon
Coupon Yield (Current)
YTM (Required)
Total Coupons Over Life
Total Return (incl. par)
Duration (Macaulay)
After-Tax Annual Coupon
💰 Bond Price Decomposition (Present Value)
🔮 Rate Sensitivity Scenarios
If market rate rises 1% (to ):
If market rate falls 1% (to ):
If market rate equals coupon rate (par):
Price change per 1% rate move (DV01):
Modified duration (% price change per 1% rate):
📋 Coupon Cash-Flow Schedule
PeriodCouponPrincipalTotal CFPV of CFCum. PV
Bond Pricing Insights
Calculate all bond yield metrics from a market price: Yield to Maturity (YTM), Current Yield, Yield to Call, and after-tax yield. YTM is the single most important yield metric — it's the IRR assuming you hold to maturity and reinvest all coupons.
Bond Details
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$
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yrs
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Yield to Call (optional)
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yrs
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Yield Summary
Yield to Maturity (YTM)
Current Yield
Yield to Maturity
Current Yield
Yield to Call (YTC)
After-Tax YTM
Capital Gain/Loss Yield
Bond Pricing
Total Coupon Income
Total Return to Maturity
📊 Yield Comparison Breakdown
🔮 Yield Scenarios
Real YTM after 3% inflation:
After-tax YTM at 32% bracket:
Tax-equivalent yield (vs 22% tax muni):
If held to call date (YTC vs YTM):
Annualised total return if sold at par today:
Yield Insights
Compare up to three bonds side-by-side — corporate, government, or municipal — across all key metrics: YTM, duration, credit risk, and after-tax yield. Ideal for evaluating competing fixed-income choices before investing.
Shared Settings
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Bond A — Corporate Bond
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yrs
Bond B — Government Bond
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%
yrs
Bond C — Municipal Bond
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yrs
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Comparison Result
A — YTM
B — YTM
C — YTM
Best After-Tax Yield
A — Duration
B — Duration
C — Duration
Best Risk-Adjusted
💰 After-Tax Annual Income on $10,000 Investment
🔮 Comparison Scenarios
Best bond at 35% tax bracket:
If rates rise 2% — which loses most?
Tax-equivalent yield for muni bond C:
Total income over 10 yrs on investment:
Spread: A vs B (credit premium):
Bond Comparison Insights
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