Bond Price Calculator
Calculate bond price, duration, and sensitivity based on coupon rate and market yield.
Bond Details
$
%
%
years
Bond Price
$1,081.76
Slight Premium
Premium/Discount
$81.76
Current Yield
4.62%
Price Breakdown
PV of Coupon Payments
$408.7920 payments
PV of Face Value
$672.97Returned at maturity
Bond Price$1,081.76
Risk Metrics
Macaulay Duration
8.08 yearsWeighted avg time to CF
Modified Duration
7.92Interest rate sensitivity
Price Change per 1% Yield
$85.70Approximate sensitivity
Convexity75.47
Price Sensitivity (Yield Changes)
Yield 2.00% (-2%)
$1,270.68(+17.5%)
Yield 3.00% (-1%)
$1,171.69(+8.3%)
Yield 4.00% (+0%)
$1,081.76(+0.0%)
Yield 5.00% (+1%)
$1,000.00(-7.6%)
Yield 6.00% (+2%)
$925.61(-14.4%)
Note: When market yield (4%) < coupon rate (5%), bond trades at a premium. When yield > coupon, bond trades at a discount.