Yield to Maturity (YTM) Calculator

Bond Details

Face Value (₹) Amount received at bond maturity. Coupon Rate (%) Annual interest paid by the bond. Market Price (₹) Current trading price of the bond. Years to Maturity Remaining life of the bond. Tax Rate on Interest (%) Applicable income tax on coupon. Inflation Rate (%) Average annual inflation. Calculate YTM

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How Yield to Maturity Is Calculated

YTM represents the total return earned if a bond is held till maturity.

Approximate Formula:

(Annual Coupon + (Face Value − Market Price) ÷ Years) ÷ ((Face Value + Market Price) ÷ 2)

Is YTM guaranteed?
No, it assumes holding till maturity.

Does tax affect YTM?
Yes, post-tax yield is lower.

Is this exact YTM?
This is a widely used approximation.