Bond Convexity

Compute bond price and convexity given coupon and YTM.

Last updated: 2026-04-02

Face value ($)

Coupon (%)

Yield to maturity (%)

Years to maturity

Price

$1044.52

Convexity: 24.4766

About

Convexity measures the curvature of a bond's price-yield relationship and refines duration-based estimates.

Example: $1,000 face, 5% coupon, 4% YTM, 5 years → see results above.

To improve duration-based price change estimates.

This simple calculator assumes annual coupons.

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