basic

Yield to Maturity from Bond Price Calculator

YTM ≈ (C + (F−P)/n) / ((F+P)/2) × 100.

Approximates the Yield to Maturity (YTM) of a bond from its current price, face value, annual coupon, and years to maturity using the Katcher approximation formula.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

Results

Enter values and click Calculate to see results.
Was this helpful?

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

YTM ≈ (Annual coupon + (Face − Price) / n) / ((Face + Price) / 2) × 100

In depth

Approximates the Yield to Maturity (YTM) of a bond from its current price, face value, annual coupon, and years to maturity using the Katcher approximation formula.