About this calculator
The Bond Price Calculator lets you determine your bond’s value, its dirty price, clean price, accrued interest, and interest-accrued days.
What is a bond?
A bond is a debt security which is generally issued by a government or a corporation which is sold to investors. The investors will advance money to the issuer of the bonds by purchasing the bond. The investors will receive the returns in form of coupons during the bond life and the face value upon the maturity of the bond.
What is the YTM?
YTM abbreviates for the yield to maturity of a bond. It is the rate of return bond investors will receive assuming they will hold the bond to maturity.
What is face value?
The principal may also be referred to as the face value of a bond. It is the sum of money which the bond investor will get at the maturity date without the issuer of these bonds defaulting. It is the final payment that a bond investor is going to receive should the bond be held to maturity.