# Coupon Percentage Rate Calculator

Calculates the coupon percentage rate based on the face value and coupon payment value of bonds..

## Coupon Rate Formula

Coupon Rate is the interest rate that is paid on a bond/fixed income security.

It is calculated by dividing annual coupon payment by face value of bond.The formula is expressed as follows

**Coupon Rate formula = ( (Coupon Payment*Frequency of Payment) / Face Value) × 100 **