Bond Equivalent Yield Calculator

Convert discount rate to bond yield.

Bond equivalent yield (%) 21.345
Step-by-step with your numbers:
1. Values used:
2. Face value = 1,000 $
3. Purchase price = 950 $
4. Days to maturity = 90 days
5. Bond equivalent yield = 21.345%
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Annualizes the discount for comparison.

FAQ

Vs YTM?

BEY is simpler — YTM is more complete.