Bond Calculators

Below you will find descriptions and links to 4 free calculators for computing values associated with bonds.

If you like, you may also use the search page to help you find what you need.

This calculator will compute the present value of a bond, given the bond's annual interest payment, value at maturity, and years to maturity, and the investor's required rate of return.

The present value of a bond can be compared to the bond's current market price in order to help an investor decide whether the bond should be purchased.

Bond Yield to Maturity (YTM) Calculator

This calculator will compute the yield to maturity (YTM) for a bond, given the bond's annual interest payment, current market price, value at maturity, and years to maturity.

The yield to maturity for a bond is the internal rate of return that the bond holder will earn if a bond is bought at the current market price and is held to maturity.

Current Yield of a Bond (Simple Yield) Calculator

This calculator will compute the current yield of a bond (i.e., the simple yield of a bond), given the current market price of the bond and the bond's annual coupon interest payment.

The current yield of a bond will vary over time in conjunction with changes in the bond's market price.

Yield on a Perpetual Bond Calculator

This calculator will compute the yield on a perpetual bond, given the bond's current market price and the annual interest payment for the bond.

Perpetual bonds have no date of maturity. Therefore the face value of a perpetual bond will ostensibly never be repaid.