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Financial Calculators

Bond Calculator

Calculate a bond's price from its yield.

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Result
Bond price
$926.40
Annual coupon
$50.00
Trading at a discount
$73.60

About the Bond Calculator

A bond's price is the present value of its future coupon payments plus its face value at maturity, discounted at the market rate. Enter the face value, coupon rate, years to maturity, and the required market rate to see the bond's price and whether it trades at a premium or discount. It's the core valuation used by fixed-income investors.

How to use the Bond Calculator

  1. 1Enter your face value, coupon rate, years to maturity, and market rate.
  2. 2Read the result instantly — it recalculates as you type.
  3. 3Adjust the numbers to model different scenarios.

Frequently asked questions

Why does a bond trade at a discount?

When the market rate is higher than the coupon rate, the bond is worth less than face value (a discount). When lower, it trades at a premium.

How is a bond price calculated?

It's the present value of each coupon plus the face value at maturity, all discounted at the required market rate.

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