Compute the current yield of a bond from its coupon and price.
Current yield divides the annual coupon by the market price, so it reflects what you actually earn on the price paid. It differs from the coupon rate when a bond trades above or below par. Current yield is the practical income measure for bondholders buying at market rather than at face value.
Bond Yield
Current yield = annual coupon / bond price x 100
Current yield = annual coupon / bond price x 100 Current yield divides the annual coupon by the market price, so it reflects what you actually earn on the price paid. It differs from the coupon rate when a bond trades above or below par.
Current yield is the practical income measure for bondholders buying at market rather than at face value.
This calculator takes 3 inputs: Annual coupon payment, Bond price, Face value. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.