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Bond Calculator

Price, yield, and cashflow of a coupon bond.

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Frequently asked questions

Why do bond prices move inversely to yields?
If you pay more for same coupons, your yield drops. When market yields rise, existing low-coupon bonds must drop in price to offer competitive yields.
What is YTM?
Yield to Maturity — total annualised return if bond is held to maturity, accounting for coupons + any capital gain/loss at par return.
Current yield vs YTM?
Current yield = annual coupon / price. YTM also includes capital gain/loss till maturity. For bonds at par, both equal coupon rate.
Are Indian G-secs taxed?
Coupon taxable at slab (interest income). Capital gains on sale: indexation benefit for >3 years, 20%. G-sec tax-favorable vs FD.