Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,762,904,928 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Bond Equivalent Yield

   Also found in: Acronyms 0.03 sec.
Bond equivalent yield
Bond yield calculated on an annual percentage rate method. Differs from annual effective yield.

Bond Equivalent Yield
The non-annual yield of a bond expressed in annual terms. The bond equivalent yield helps an investor compare the return of a bond that pays a coupon on an annual basis with a bond with semi-annual, quarterly, or any other coupon. It is calculated thusly:

Bond equivalent yield = ((face value - purchase price) / purchase price) * (365 / days until maturity). See also: Annual percentage rate.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
The bonds are non-recourse in nature and pay a bond equivalent yield of 4.
The bonds are non-recourse in nature and pay a bond equivalent yield of 4.
The rate that lenders receive on student loans is equal to the higher of the borrower rate, or either the average bond equivalent yield on the 91-day treasury bill auctioned during a calendar quarter plus a spread of 220 basis points or the average rate on 90-day commercial paper for a calendar quarter, plus 174 basis points.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.