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Bond Current Yield Calculator

Annual coupon divided by current price

Instructions

Enter face value, coupon rate, and current price. Click Calculate to get the current yield.

Formula

Current Yield = Annual Coupon / Current Price × 100

Annual Coupon = Face Value × Coupon Rate

About Bond Current Yield Calculator

Current yield shows the income return (coupon) relative to the price paid for a bond, ignoring capital gains/losses to maturity.

Common Questions

How is this different from YTM?

YTM includes capital gains/losses to maturity, while current yield only considers coupon income.