Calculator

Bond yield & duration

What yield will you earn, and how exposed are you to rate moves? YTM, duration, convexity, and full sensitivity — clean or dirty pricing, with optional position sizing.

Preset

The bond

Coupon rateannual %

Payment frequency

Redemption valueper unit, typically 100

Maturity

The trade

Market priceper 100 face

Dirty price: 98.5000 (incl. 0.0000 accrued) · Exact accrued

Settlementtrade date + settlement cycle

Nominal amountface value of your position

Currency

Yield to maturity

Converged

3.1779%

full precision · 3.177913277753185

Current yield

3.0457%

Yield to call

—

Yield to worst

—

Macaulay (yrs)

8.77

Modified (yrs)

8.50

DV01

0.0838

$83.76

Convexity

86.6

Summary

Price breakdown

Clean price

98.5000

$98,500.00

Accrued interest

0.0000

$0.00

Dirty price

98.5000

$98,500.00

Return summary

Annual coupon

3.0000

$3,000.00

Total coupons

30.0000

$30,000.00

Capital gain/loss

+1.5000

+$1,500.00

Total return

+31.98%

Sensitivity

Price response to yield shifts

Δ Yield	-100bp	-50bp	-25bp	0bp	+25bp	+50bp	+100bp
New yield	2.1779%	2.6779%	2.9279%	3.1779%	3.4279%	3.6779%	4.1779%
Price (exact)	107.3192	102.7967	100.6209	98.5000	96.4324	94.4166	90.5349
Price change	+8.953%	+4.362%	+2.153%	+0.000%	-2.099%	-4.146%	-8.086%
Duration est.	106.8760	102.6880	100.5940	98.5000	96.4060	94.3120	90.1240
Dur. + convexity	107.3025	102.7946	100.6207	98.5000	96.4327	94.4186	90.5506
P&L (USD)	+$8,819	+$4,297	+$2,121	+$0	-$2,068	-$4,083	-$7,965

Visualisation

Price–yield curve