Investing

Bond Yield to Maturity

Yield to maturity approximates the total return you earn if you hold a bond to maturity. It accounts for coupon payments, the difference between purchase price and face value, and the number of years remaining. This calculator uses the standard approximation formula.

Face Value ($)

Current Market Price ($)

Annual Coupon Rate (%)

Years to Maturity

—

Approximate Yield to Maturity

Annual Coupon ($)

—

Price vs Par

—

Current Yield

—

Note: This uses the approximation formula (C + (F−P)/n) ÷ ((F+P)/2). For exact YTM use a financial calculator or spreadsheet IRR function.