About the Zero Coupon Bond Calculator
Price or yield of a zero-coupon bond from its face value, yield and years to maturity.
Also known as: zero coupon bond price, discount bond yield, strips calculator.
How to use this calculator
- Enter face value, yield, years to maturity.
- 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
P = F / (1 + y)ⁿ
Worked example
Using the values pre-filled in the calculator above:
- Face value = 1,000
- Yield = 4.5 %
- Years to maturity = 12
the calculator returns:
- Price: 589.66
- Discount to face: 410.34