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Bond Duration & Convexity Calculator

Price a bond and measure its interest-rate sensitivity - modified duration, convexity and DV01 - from its coupon, yield to maturity and term.

Calculator

Face value

Coupon %

Yield %

Years

Payments / yr

How it works

Modified duration estimates how much a bond price moves for a 1% change in yield; convexity corrects that estimate for larger moves; DV01 is the dollar change per 0.01% (one basis point). Together they describe the interest-rate risk of a bond.

Price = sum C/(1+y)^t + F/(1+y)^N Modified duration = Macaulay / (1 + y/m) , DV01 = ModDur.Price.0.0001

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Computed in your browser with standard published formulas via Quantora's verified library. For analysis & education — not investment advice. Quantora is not a registered investment adviser or broker-dealer.