Bond YTM Calculator
Result
Bond YTM Calculator Estimate a bond's yield to maturity (YTM) — the total annualized return you'd earn holding it until it matures. Enter the annual coupon, face value, current price, and years to maturity to see the approximate YTM. — free online calculator.
Formula
- Bond YTM Calculator calculates its result from Coupon, Years, Face, Price. It uses the formula Approx. YTM = [Coupon + (Face − Price) ÷ Years] ÷ [(Face + Price) ÷ 2]. Change any input to recalculate the result instantly.
- The main inputs are Coupon, Years, Face, Price. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Bond YTM
- Coupon: 2
- Years: 11
- Face: 4
- Price: 5
Using Coupon = 2, Years = 11, Face = 4, Price = 5, the calculated result is 0.4242424242.
Sample result: Calculating…
Frequently asked questions
What does the Bond YTM calculate?
Bond YTM Calculator Estimate a bond's yield to maturity (YTM) — the total annualized return you'd earn holding it until it matures. Enter the annual coupon, face value, current price, and years to maturity to see the approximate YTM. — free online calculator.
Which values should I enter?
Enter Coupon, Years, Face, Price using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: Approx. YTM = [Coupon + (Face − Price) ÷ Years] ÷ [(Face + Price) ÷ 2].
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.