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Calculators / Finance / Bond current yield

Bond current yield calculator

Calculate current yield from annual coupon income and market price.

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Your result

Current yield5.26%

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How to calculate

Calculate current yield from annual coupon income and market price.

Current yield = coupon/price*100

Worked example

Annual coupon income: 50; Current bond price: 950.

Current yield: 5.26 %.

Assumptions and limits

Current yield ignores maturity value, reinvestment and timing. It is not yield to maturity.

Results are rounded for display; calculations use unrounded values. Read our calculation methodology.

Understanding the result

Calculate current yield from annual coupon income and market price. The displayed figures use the inputs and formula shown on this page.

When this tool is useful

Use the bond current yield to compare a scenario, check an estimate, or verify a manual calculation.

Understanding your inputs

InputWhat to enter
Annual coupon incomeEnter a number of at least 0.000001 and no more than 1000000000000.
Current bond priceEnter a number of at least 0.000001 and no more than 1000000000000.

Frequently asked questions

What should I check before using the bond current yield result?

Current yield ignores maturity value, reinvestment and timing. It is not yield to maturity.

Is this bond current yield result exact?

It is exact for the stated mathematical model and entered values. Real-world results can differ when rates, timing, fees, definitions or measurement conditions differ.