Bond Calculator

Bond Pricing at Coupon Date

Please enter any four values into the fields below to calculate the remaining value of a bond. This calculator is for bonds issued/traded at the coupon date.

Price:

Face value:

Yield:

Time to maturity (years):

Annual coupon:

Coupon frequency:

Result:

Bond Pricing Calculator

Use this calculator to value the price of bonds not traded at the coupon date. It provides the dirty price, clean price, accrued interest, and the days since the last coupon payment.

Face value:

Yield:

Annual coupon:

Coupon frequency:

Maturity date:

Settlement date:

Day-count convention:

30/360

Actual/360

Actual/365

Actual/Actual

Result:

Dirty price: $

Clean price: $

Accrued interest: $

Interest accrued days:

Bond Calculator: Comprehensive Financial Tool for Bond Valuation

Overview

The Bond Calculator is a powerful financial tool designed to help investors, financial analysts, and students accurately determine the value of bonds under different scenarios. Whether you're evaluating bonds traded at coupon dates or those traded between payment periods, this calculator provides precise pricing metrics to support informed investment decisions.

Key Features

1. Bond Pricing at Coupon Date

Calculates the missing bond parameter when any four of the following are provided:
- Price – Current market price of the bond
- Face Value – Par value of the bond at maturity
- Yield – Annual yield to maturity (YTM)
- Time to Maturity – Remaining years until bond maturity
- Annual Coupon Rate – Interest rate paid by the bond issuer
Supports different coupon frequencies (annually, semiannually, quarterly, monthly)
Ideal for bonds traded exactly on coupon payment dates

2. Advanced Bond Pricing Calculator

Calculates dirty price, clean price, accrued interest, and days since last coupon payment for bonds traded between coupon dates
Key inputs:
- Face Value – Bond’s redemption value at maturity
- Yield (YTM) – Expected rate of return
- Annual Coupon Rate – Interest paid per year
- Coupon Frequency – Payment intervals (annual, semiannual, quarterly, monthly)
- Maturity & Settlement Dates – For accurate accrued interest calculation
- Day-Count Convention – Supports 30/360, Actual/360, Actual/365, Actual/Actual methods
Provides detailed results:
- Dirty Price – Bond price including accrued interest
- Clean Price – Bond price excluding accrued interest
- Accrued Interest – Interest earned since last coupon payment
- Interest Accrued Days – Days since the last coupon date

Who Should Use This Calculator?

Investors – Evaluate bond pricing before buying or selling
Financial Analysts – Perform bond valuation for portfolios
Students & Educators – Learn bond pricing mechanics
Traders & Fund Managers – Assess bond yields and interest accruals

Why Use This Bond Calculator?

✅ User-Friendly Interface – Simple input fields with clear instructions
✅ Accurate Calculations – Based on standard bond pricing formulas
✅ Flexible Inputs – Works with different coupon frequencies and day-count conventions
✅ Instant Results – Quick computations with a single click

Whether you're analysing corporate bonds, government securities, or fixed-income investments, this Bond Calculator ensures precise and reliable valuations for smarter financial decisions.