About the Current Yield Calculator
Current yield of a bond: annual coupon income divided by its current market price.
Also known as: bond current yield, running yield.
How to use this calculator
- Enter face value, coupon rate, market price.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
Current yield = annual coupon ÷ price
Worked example
Using the values pre-filled in the calculator above:
- Face value = 1,000
- Coupon rate = 4.5 %
- Market price = 950
the calculator returns:
- Current yield: 4.74%
- Annual coupon: 45