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Basis Point Calculator

Bond Price Calculator

Calculate the theoretical fair value of a bond.

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Bond Price
$0.00
PV of Coupons
$0
PV of Face Value
$0
Total Coupons
$0

Bond Pricing Formula

Price = Σ[C/(1+r)^t] + F/(1+r)^n

C = Coupon payment per period

r = Required yield per period

F = Face value

n = Total number of periods

Frequently Asked Questions

How is bond price calculated?
Bond price is the present value of all future cash flows (coupon payments and face value) discounted at the required yield.
What makes bond prices change?
Interest rates, credit risk, time to maturity, and market conditions all affect bond prices.
What's clean vs dirty price?
Clean price excludes accrued interest; dirty price (settlement price) includes accrued interest since the last coupon.