Tool

Eurobond cash calculator

Pick a bond, enter a nominal amount and a price, choose the settlement date, and read off the principal, the accrued interest, the total cash amount and the yield that price implies. The live price is the default; you can type your own.

Accrued interest is counted on each bond’s own coupon dates and day count, read from its offering document. Settlement defaults to T+2 for a Euroclear line (ISIN XS…) and T+1 for a US-registered line (ISIN US…), on the right holiday calendar. For a bond repaying in instalments the price is per 100 of the face still outstanding, as it is quoted. Every figure is indicative — a calculation on the stored terms, not a quotation or an offer to deal.