This tool helps answer the questions:
  1. Given the bond features input, what is the bond price, yield, and duration?
  2. What is the bond price sensitivity to the change in interest rate?
  3. How likely and how much I may suffer an unrealized capital loss, due to interest rate going up?
Bond Features
clear
Bond type
To calculate
Input bond price
Input bond yield
Coupon rate (annual) Coupon paid
Maturity date Valuation date
Notional amount unit × =
Key Output
Bond price
Bond yield
Coupon
Accrued interest
Total cost = Bond price / 100 * National amount + Accrued interest Bond duration A measurement of a bond's price sensitivity to interest rate changes. (Technical definition: the weighted average of the times until those bond cash flows are received by bondholders)
to know more To know more:
  • If a bond has longer maturity or longer duration, it will have greater interest rate risk.
  • The bond's coupon rate has minimal impact on interest rate risk.
Interest Rate Risk
If interest rate +
, price will drop to
Capital gain
probability in 1 month in 1 year
% loss can be (worse than)
$ loss can be (worse than)