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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...