Financial tool
Bond Yield Calculator
Know your real returns
Current yield and yield to maturity — the number that lets you compare bonds properly.
Bond Yield Calculator
wealthandcovers.com · +91 99900 03062 · 16 Oct 2026
Your numbers
Move a slider — the result updates as you go.
Yield to maturity
9.01%
9.01%
Current yield
8.33%
Total coupon income
₹400
Capital gain at maturity
₹40
Buying a ₹1,000 face-value bond at ₹960 with an 8.00% coupon paid half-yearly gives a current yield of 8.33% and a yield to maturity of 9.01% over 5.0 years. YTM is the figure to compare across bonds — it accounts for the discount between price and face value.
- YTM assumes every coupon is reinvested at the same yield — rarely true in practice.
- Credit risk is not in this number. A higher yield usually signals a weaker issuer.
- Accrued interest and brokerage are excluded from the price entered.
This calculator is an illustration only. Actual figures depend on the product, provider and your profile at the time of purchase.
The number is the easy half
What to buy, in what order, and what to leave alone — that is the conversation worth having.