Bond Calculator
Calculate the price of a bond from its coupon and market rate.
Result
Results are estimates for general information only and are not professional advice.
Bond pricing
A bond's price is the present value of its future coupon payments plus the repayment of face value at maturity, discounted at the current market rate. When the market rate is above the coupon, the bond trades below face value, and vice versa.
Frequently Asked Questions
What is the Bond Calculator?
Calculate the price of a bond from its coupon and market rate. It runs instantly in your browser and is completely free to use.
What do I need to enter to use the Bond Calculator?
The Bond Calculator asks for the following values (4): Face value, Coupon rate (%), Years to maturity, Market rate (%). Fill them in and the result appears immediately — the calculation runs on your own device, so nothing you type is sent to a server.
How accurate is the Bond Calculator?
The Bond Calculator uses standard, widely-accepted formulas, so its figures are reliable estimates for everyday planning. They are not a substitute for advice from a qualified professional.
Is the Bond Calculator free, and do I need an account?
Yes. The Bond Calculator — and every other calculator on Calculatis — is completely free, with no registration, no download and no limit on how often you use it.