Fixed-Coupon Bond Price Calculator
Use nominal annual coupon and yield rates with the same payment frequency.
Your result
FINANCIALEnter your values and select calculate.
On this page How it works & practical examples
How to use the Fixed-Coupon Bond Price Calculator
Use nominal annual coupon and yield rates with the same payment frequency. The calculation is performed immediately after a coupon date, so no accrued-interest adjustment is required.
The calculation
Worked example
A $1,000 bond with a 5% coupon and 5% yield prices at $1,000 on a coupon date under matching semiannual conventions.
Assumptions and limits
No default risk, market quotes, callable features, settlement-date accrual or day-count conventions. A price estimate is not an investment recommendation.
Common questions
Which inputs should I use?
Use nominal annual coupon and yield rates with the same payment frequency. The calculation is performed immediately after a coupon date, so no accrued-interest adjustment is required.
What does the result exclude?
No default risk, market quotes, callable features, settlement-date accrual or day-count conventions. A price estimate is not an investment recommendation.