Premium bond interest rate calculator
To find a bond's interest rate from its premium, you need a physical or online financial calculator. Add the bond's premium to its face value to calculate its price. For example, if a $2,000 bond is issued at a premium of $1,000, add $1,000 to $2,000 to get $3,000. Type the bond's price into a financial calculator and then press "FV." Bond Calculator Instruction. The Bond Calculator can be used to calculate Bond Price and to determine the Yield-to-Maturity and Yield-to-Call on Bonds Bond The value selected in this dropdown represents the Compounding Frequency of the Annual Interest Rate. For Annuities, it also represents the Frequency of the Annuity Payments.