Bond Current Yield Calculator
Enter the bond's annual coupon payment and current market price to calculate its current yield.
Bond Current Yield Calculator
Calculate a bond's current yield — its annual coupon income as a percentage of its current market price.
This calculator provides an estimate for general informational purposes only. It is not a substitute for professional financial, mechanical or engineering advice.
Current yield is a quick snapshot of a bond's income return, dividing its annual coupon payment by its current market price — useful for comparing income generation, though it ignores any price gain or loss at maturity.
Example
- With the default values shown above, this calculator returns: Current Yield ≈ 5.26.
Frequently Asked Questions
What is the formula?
Current Yield % = Annual Coupon Payment ÷ Current Bond Price × 100.
How is current yield different from yield to maturity (YTM)?
Current yield only looks at the coupon income relative to today's price. YTM also accounts for any gain or loss you'll realize if you hold the bond to maturity and it's priced above or below face value, making YTM a more complete return measure.