Bond: Fixed coupon, redemption at par and whole coupon periods.
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Bond Calculator for United States
USD · 12,345.67US customary measurementsRoad distance: miles
United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.
Switch countries to open a separate scenario. Your edits are kept while this calculator is open; use Save scenario to keep them on this device.
Your details
USD
Example only. Enter the amount or rate applicable to your situation in United States.
%
Example only. Enter the amount or rate applicable to your situation in United States.
%
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
Bond price
$925.61
Amounts in USD · United States · editable planning estimate
Coupon per period$25.00
Current yield5.4%
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How this result was calculated
Bond price = present value of coupons plus present value of face value.
Country setup: United States. Displayed measurements are converted to the formula's base units internally.
Assumption: Fixed coupon, redemption at par and whole coupon periods. Settlement accrued interest, day-count conventions and embedded options excluded. United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.
Calculation version 1.0.0 · Support state: generic
Formula and method
Bond price = present value of coupons plus present value of face value.
This calculation uses the values you enter. It runs in your browser and does not request a location or account.
Worked example
A bond whose coupon rate equals its yield trades at face value at a coupon date.
Questions people ask
Which method does this tool use?
Bond price = present value of coupons plus present value of face value.
What should I check before using the result?
Fixed coupon, redemption at par and whole coupon periods. Settlement accrued interest, day-count conventions and embedded options excluded.