Calculate current yield of bonds.
Total annual coupon payments received
Please enter a valid coupon amount
Current market price of the bond
Please enter a valid bond price
Price as percentage of face value (e.g., 95 = $950 for $1000 bond)
Current yield measures the annual return based on the bond's current market price.
It doesn't account for capital gains/losses at maturity, unlike yield to maturity.
Useful for comparing income-generating investments.
Current Yield
Annual return based on current price
Example: ( ÷ ) × 100 =
✅ Higher current yield than coupon rate (bond trading at discount)
⚠️ Lower current yield than coupon rate (bond trading at premium)
ℹ️ Current yield equals coupon rate (bond trading near par)
Remember: Current yield doesn't include capital gains/losses at maturity.
Current yield is a bond's annual coupon payment divided by its current market price, expressed as a percentage.
It represents the annual return you would receive if you bought the bond at its current price and held it for one year.
Unlike yield to maturity, it doesn't consider the bond's price appreciation or depreciation until maturity.
Price < Face Value
Current Yield > Coupon Rate
Higher income yield due to lower purchase price
Price = Face Value
Current Yield = Coupon Rate
Yield equals stated coupon rate
Price > Face Value
Current Yield < Coupon Rate
Lower income yield due to higher purchase price
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