Bond Price Calculator

Estimate a bond price from face value, coupon rate, market yield, and time to maturity.

Estimated Bond Price

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Premium or Discount

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Annual Coupon Payment

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Guide

How it works

Use this calculator to estimate a bond price from coupon payments and market yield.

What this calculator does

The bond price calculator discounts future coupon payments and face value using the market yield.

Bond Price Formula

Bond Price = PV of Coupons + PV of Face Value

Example calculation

For a 1,000 face value bond with a 5% coupon and 4% market yield, the calculator estimates whether the bond trades at a premium or discount.

When to use this calculator

  • estimating fair bond value
  • comparing coupon rates with market yields
  • reviewing premium and discount bonds
  • planning fixed-income purchases

FAQs

Why do bond prices move when yields change?

Bond prices and market yields generally move in opposite directions.

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