Bond Yield to Worst Calculator

Calculate the lowest potential yield (YTW) on a callable bond considering all possible call dates and maturity.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

Bond Details

$
$
%
years

Call Schedule

yrs
$
yrs
$
yrs
$

Yield to Worst (YTW)

5.119%

Worst case: Call at year 3

Yield to Maturity
5.35%
Current Yield
5.71%

All Yield Scenarios

Call at Year 3Redemption: $1,030.00
5.119%(YTW)
Call at Year 5Redemption: $1,020.00
5.207%
Call at Year 7Redemption: $1,010.00
5.257%
Hold to MaturityRedemption: $1,000.00
5.348%

Yield to Worst is the lowest yield you could receive, assuming the issuer acts in their best interest. Since you bought at a premium, the issuer may call the bond early to refinance at lower rates.

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