Bond YTM

Chopper2233 · ‎09-19-2016

Hi! I'm trying to calculate a bonds YTM. The bond trades for £110.5, has a coupon of 9% which has just been paid and the next payment will be in exactly one year. The bond has exactly five years until maturity (at £100).

How can I use the HP17BII+ to calculate this? Could do it manually, but if it's possible any suggestions are much appreciated.

Maké · ‎09-19-2016

Hi!, @Chopper2233:

Welcome, to Forum!.

See, for HP17BII, if serve for you ... http://www.tvmcalcs.com/index.php/calculators/apps/hp17bii_bond_yields

Too, from ... http://support.hp.com/my-en/document/c01842581

You have read, the User Guide ? ...

hp 17bII+ financial calculator

www.hp.com › ctg › Manual

Kind Regards !.
Have a nice day !.
@Maké (Technical Advisor Premium - HP Program Top Contributor).
Provost in HP Spanish Public Forum ... https://h30467.www3.hp.com/

Chopper2233 · ‎09-19-2016

Thanks! So, I tried entering "Price" as 110,5, 19.09.2016 as "SETT", 19.09.20.21 as "MAT" (5 years), 9 as CPN% and 30/360 semiannual. The YLD I'm supposed to get is 6,48%, the one I get is 8,144%. Am I doing something wrong in entering the values?

Chopper2233 · ‎09-19-2016

Got it! Just forgot to enter "100" into "CALL" 🙂 The HP guide was perfect!