Source: https://awesomecalcs.com/bond-yield-calculator/1000-face-7-percent-coupon-1000-price
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# Yield to Maturity for a Par Bond: Rs 1,000 Face Value, 7% Coupon

> See how a bond trading exactly at its Rs 1,000 face value, with a 7% coupon rate, has a yield to maturity equal to its coupon rate.

Interactive calculator: https://awesomecalcs.com/bond-yield-calculator/1000-face-7-percent-coupon-1000-price

Keywords: par bond yield calculator, bond at par ytm, bond yield equals coupon rate

## Scenario inputs

```json
{
  "inputs": {
    "faceValue": 1000,
    "couponRatePercent": 7,
    "currentPrice": 1000,
    "yearsToMaturity": 5
  }
}
```

## Frequently asked questions

### Why does a par bond have YTM exactly equal to its coupon rate?

When the price paid equals the face value, there is no gain or loss at maturity beyond the coupon payments themselves, so the yield to maturity collapses to exactly the coupon rate, by definition.