Our yield to maturity calculator measures the annual return that an investor would receive if a particular bond was bought today and held until maturity.
|Annual Coupon Rate:|
|Years to Maturity:|
|Coupon Payments per Year:|
|Current Bond Price:|
How to Calculate Yield to Maturity
For example, you buy a bond with a $1,000 face value and an 8% coupon for $900. The bond pays interest twice a year and matures in 5 years.
Enter: "1,000" as the face value, "8" as the annual coupon rate, "5" as the years to maturity, "2" as the coupon payments per year, and "900" as the current bond price.
Note: This YTM calculator assumes that the bond is not called prior to maturity. If the bond you're analyzing is callable, use our Yield to Call calculator to determine the bond’s value.