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Yield To Average Life

The yield which is calculated using the point at which half of the bonds (known as sinking fund bonds) in...

Yield Advantage

For a convertible bond, it is the excess of running (current) yield over equity dividend yield: Convertible yield advantage =...

Yield Spread

The difference in yield to maturity (YTM) between two bonds (bond issues) or two classes of bonds with similar maturities....

Yield Ratio

The quotient of two bond yields, i.e., the ratio of the yield on some bond to the yield on a...

Yield Curve

A graph that plots the relationship between yield to maturity (YTM) and maturity for a set of similar bonds (or...

YTM

It stands for yield-to-maturity; the percentage annual rate of return (discounted) which is paid on a fixed-income security (such as...

Yield-To-Maturity

The percentage annual rate of return (discounted) which is paid on a fixed-income security (such as a bond, note, gilt,...

YV1/32

It stands for yield value for a 32nd;; a measure of dollar price volatility of a Treasury security that calculates...

YV32

It stands for yield value for a 32nd;; a measure of dollar price volatility of a Treasury security that calculates...

Yield-Based DV01

A special case of DV01 (actually it is similar to DV01), but it is based on the assumption that the...