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Finance Calculators

Bond Price Calculator

Verified formula Updated Jun 2026 Private — runs on your device

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Verified formula Private

Bond price

₹924.18

For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.

How to use the Bond Price Calculator

The Bond Price Calculator works out your bond price in an instant. Enter face (par) value, coupon rate and yield to maturity and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.

  1. Enter the face (par) value.
  2. Enter the coupon rate.
  3. Enter the yield to maturity.
  4. Enter the years to maturity.
  5. Read off your bond price — the calculator updates automatically, with no button to press.

Formula

The Bond Price Calculator uses the formula:

Bond price = (Face (par) value × Coupon rate ÷ 100) × (1 - (1 + Yield to maturity ÷ 100)^(-Years to maturity)) ÷ (Yield to maturity ÷ 100) + Face (par) value × (1 + Yield to maturity ÷ 100)^(-Years to maturity)

Worked example

For example, with face (par) value of ₹1,000, coupon rate of 8%, yield to maturity of 1% and years to maturity of 5, the bond price is ₹924.18.

Inputs used
Face (par) value ₹1,000
Coupon rate 8%
Yield to maturity 1%
Years to maturity 5
Results
Bond price ₹924.18

Results are estimates for educational use, not professional advice.

Key terms explained

Maturity
The point at which an investment or deposit ends and its full value becomes payable.

Frequently asked questions

It is the present value of the coupon payments plus the present value of the face value, discounted at the yield to maturity. The default example prices at about 924.

When the yield to maturity is above the coupon rate, the bond trades at a discount below par to make up the difference.

YTM is the total return if you hold the bond to maturity, used as the discount rate for its cash flows.

When the coupon rate is higher than the yield to maturity, the bond is worth more than face value and trades at a premium.

Enter the face (par) value. Enter the coupon rate. Enter the yield to maturity. Enter the years to maturity. Read off your bond price — the calculator updates automatically, with no button to press.

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