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After-Tax Bond Yield Calculator

Yield × (1 − marginal tax rate).

Compute the after-tax yield of a corporate bond by multiplying the pre-tax coupon yield by (1 − marginal tax rate). Useful for comparing taxable bonds against tax-free municipal bonds.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

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Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

After-tax yield = pre-tax yield · (1 − tax rate)

In depth

Compute the after-tax yield of a corporate bond by multiplying the pre-tax coupon yield by (1 − marginal tax rate). Useful for comparing taxable bonds against tax-free municipal bonds.