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Equivalent Bond Yield

The yield on a discount bond that is computed in the same way the yield on a coupon bond is...

Coupon Equivalent Yield

The rate of return which is quoted on bonds on the basis of simple interest, i.e., without accounting for the...

Option-Adjusted Yield

The expected yield to maturity (YTM) of a bond/ note that is adjusted for an embedded option (e.g., an issuer's...

PVBP

It stands for price value of a basis point; a method of measuring the price sensitivity of a fixed-income security...

Price Value of a Basis Point

A method of measuring the price sensitivity of a fixed-income security in monetary terms. This reflects absolute change in the...

Absolute Yield Spread

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

Convexity

Though it has several meanings in different contexts, it is usually defined as a tool that measures the sensitivity of...

YEELDS

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...

Yield Enhanced Equity Linked Security

A type of equity derivative; it is a structured convertible security (equity-linked note- ELN) issued by Lehman Brothers. It was...

YEELD

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...