📊 债券收益率计算器（YTM / 当期收益率）Bond Yield Calculator
由债券价格、面值、票面利率和剩余期限求到期收益率（YTM）和当期收益率；可填写赎回价格和赎回年限求赎回收益率（YTC）。Find a bond's yield to maturity (YTM) and current yield from its price, face value, coupon rate and years to maturity — plus yield to call (YTC) from a call price and date.
使用说明与常见问题How-to & FAQ
「债券收益率计算器（YTM / 当期收益率）」是什么？What is the Bond Yield Calculator tool?
由债券价格、面值、票面利率和剩余期限求到期收益率（YTM）和当期收益率；可填写赎回价格和赎回年限求赎回收益率（YTC）。Find a bond's yield to maturity (YTM) and current yield from its price, face value, coupon rate and years to maturity — plus yield to call (YTC) from a call price and date.
如何使用「债券收益率计算器（YTM / 当期收益率）」？How do I use the Bond Yield Calculator tool?
在「债券收益率计算器（YTM / 当期收益率）」中，填写「债券价格」、「面值」、「票面利率 %」、「剩余年限」、「付息频率」等参数，结果会随输入实时计算并显示在下方。In the Bond Yield Calculator: Fill in "Bond price", "Face value", "Coupon rate %", "Years to maturity", "Coupons per year"; results are recalculated instantly as you type.
到期收益率是什么？What is yield to maturity?
YTM 是让未来全部票息和到期本金的现值等于当前价格的折现率（按年化名义利率表示，即每期利率 × 每年付息次数）。持有到期且票息按同一收益率再投资时，就是你的年化回报。YTM is the discount rate that makes the present value of all coupons and the final principal equal the price, quoted as a nominal yearly rate (periodic rate × coupons per year). It is your yearly return if you hold to maturity and reinvest coupons at that yield.
当期收益率和 YTM 有什么区别？How does current yield differ?
当期收益率 = 年票息 ÷ 价格，只看票息，不考虑到期时价格回归面值带来的损益。折价债券的 YTM 高于当期收益率，溢价债券则相反。Current yield = yearly coupon ÷ price; it ignores the gain or loss as the price moves to face value at maturity. For discount bonds YTM is above the current yield; for premium bonds it is below.
计算结果可以作为最终依据吗？Can I rely on the result?
「债券收益率计算器（YTM / 当期收益率）」按标准公式计算，结果仅供参考；实际金额以银行、券商或税务机关的规则和四舍五入方式为准。The Bond Yield Calculator uses standard formulas and is for estimation only; actual figures depend on your bank, broker or tax authority's rules and rounding.
「债券收益率计算器（YTM / 当期收益率）」免费吗？需要注册吗？Is the Bond Yield Calculator free? Do I need an account?
「债券收益率计算器（YTM / 当期收益率）」完全免费，无需注册或安装，打开网页即可使用，手机和电脑都能用；输入的内容只在你的浏览器本地处理。The Bond Yield Calculator is completely free with no sign-up or install and works on phones and desktops; what you enter is processed only in your browser.