Bond Current Yield Calculator

Bond Current Yield

Calculate a bond's current yield from coupon and market price.

Last updated: 2026-04-02

Current yield
5.263%
Annual coupon: $50.00Discount

About

Current yield is the annual coupon divided by the current market price; it doesn't account for time to maturity.

How to Use

  1. Enter face value and coupon rate.
  2. Provide current market price.
  3. Read the current yield.

Example

Example: $1,000 face, 5% coupon, market price $950 → current yield shown above.

FAQs

Is YTM the same as current yield?

No — YTM accounts for capital gain/loss and time to maturity.

When is current yield useful?

Quick income comparison across bonds.

Related Tools