yield to maturity
English
[edit]Alternative forms
[edit]- yield-to-maturity (attributive use)
Noun
[edit]yield to maturity (plural yields to maturity)
- (finance) The internal rate of return on a bond held to maturity, assuming scheduled payment of principal and interest.
- (law) A calculation of yield on a bond that takes into account the capital gain or loss on a discount bond or capital loss on a premium bond. In the case of a discount bond, the yield-to-maturity, YTM, is higher than the current yield, or the coupon yield. The reverse is true for a premium bond with YTM lower than both current yield and coupon yield.
Synonyms
[edit]Coordinate terms
[edit]See also
[edit]
yield to maturity on Wikipedia.Wikipedia
