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Bond equivalent yield

   Also found in: Acronyms 0.11 sec.
Bond equivalent yield
Bond yield calculated on an annual percentage rate method. Differs from annual effective yield.


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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.
 
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