Bond yield calculator

Enter the price, coupon and maturity: the calculator shows the yield to maturity before and after tax.

Pick a tax preset or type your own rate. Nothing you enter leaves your browser.

Tax

Yield to maturity (gross)

3.47%

Yield to maturity (after tax) (0%)

3.47%

Current yield
3.06%
Accrued interest
0.000
Price incl. accrued interest
98.000
Years to maturity
5.0
Cash flows (10)
DateGrossNet
2027-04-191.5001.500
2027-10-191.5001.500
2028-04-191.5001.500
2028-10-191.5001.500
2029-04-191.5001.500
2029-10-191.5001.500
2030-04-191.5001.500
2030-10-191.5001.500
2031-04-191.5001.500
2031-10-19101.500101.500

Italy: 12.5% on Italian and equivalent government bonds, 26% on other bond income (D.L. 66/2014). Germany: 25% withholding tax plus 5.5% solidarity surcharge on it (26.375%), without church tax or allowance. Check your own situation with a tax adviser.

How it is calculated

The yield to maturity is the annual rate at which the price paid (plus accrued interest) equals the present value of all coupons and the redemption.

After tax, each coupon is reduced by the chosen rate; at maturity a gain (100 minus the purchase price) is taxed at the same rate. Losses are not offset.

Italy: 12.5% on Italian and equivalent government bonds, 26% on other bond income (D.L. 66/2014). Germany: 25% withholding tax plus 5.5% solidarity surcharge on it (26.375%), without church tax or allowance. Check your own situation with a tax adviser.

Information and education only, not investment advice or an offer to buy or sell. Yields are gross and indicative and can change. Bonds can lose value and issuers can default. Disclaimer