Source: https://awesomecalcs.com/bond-yield-calculator/1000-face-8-percent-coupon-950-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 Rs 1,000 Bond with 8% Coupon at Rs 950

> Calculate the yield to maturity for a Rs 1,000 face value bond with an 8% coupon rate, bought at Rs 950, maturing in 5 years.

Interactive calculator: https://awesomecalcs.com/bond-yield-calculator/1000-face-8-percent-coupon-950-price

Keywords: bond yield calculator, ytm calculator 8 percent coupon, discount bond yield

## Scenario inputs

```json
{
  "inputs": {
    "faceValue": 1000,
    "couponRatePercent": 8,
    "currentPrice": 950,
    "yearsToMaturity": 5
  }
}
```

## Frequently asked questions

### Why is the yield to maturity higher than 8% here?

Because the bond was bought below its face value of Rs 1,000, at Rs 950. Along with the 8% coupon each year, the investor also gains the Rs 50 difference at maturity, which pushes the effective yield to maturity above the coupon rate.