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Bond Price Calculator

Fair price of a bond given face value, coupon, market yield, and term.

Calculate what a bond is worth today by discounting its coupon payments and face value at the prevailing market yield.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

$
%
%
years

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

Price = Σ C / (1 + y)t + F / (1 + y)n, where C is the periodic coupon, y the per-period yield, n the number of periods, and F the face value.

In depth

Calculate what a bond is worth today by discounting its coupon payments and face value at the prevailing market yield.

Frequently asked questions

When the market yield exceeds the coupon rate, investors require a discount to get an equivalent return — the bond trades below par.