Bond Calculations can be used to generate trade ticket information for an actual or hypothetical bond transaction.
To use the bond calculator, select the Bond Calculator tab located on the side toolbar of the Tracker homepage
Enter the settlement date in the text box
Enter the face value of the bond in the Face Amount/Shares text box
Select either the Price or Yield. If price is selected, enter the bond price in the textbox. If Yield is selected, enter the yield in the textbox
When finished, click the Calculate button
A recap of the trade is displayed. If price was entered, Tracker calculates and displays the yield to maturity. If yield was entered, Tracker calculates and displays the bond price
Tracker calculates and displays the Principal using the face amount and bond price
Tracker calculates and displays the amount of accrued interest at settlement date
The Total is the sum of the principal plus accrued interest
Tracker calculates and displays the duration to maturity