Also found in: Acronyms, Idioms.

Yield to Maturity

The rate of return on a bond if it is held until maturity. This is expressed as an annual rate; the calculation of the YTM includes the coupon rate (if any), length of the bond, market value, and face value. Bond quotes are made in terms of the YTM, but an individual investor's yield may be different if he/she does not hold the bond, or if the bond is called before maturity.


Yield to maturity (YTM).

Yield to maturity is the most precise measure of a bond's anticipated return and determines its current market price.

YTM takes into account the coupon rate and the current interest rate in relation to the price, the purchase or discount price in relation to the par value, and the years remaining until the bond matures.


See yield to maturity.

References in periodicals archive ?
In order to calculate YTM correctly in such cases, CPAs need to know the trade date, the settlement date (the date when cash is paid), the maturity date, the number of days between the prior interest payment date and the next coupon payment date, the total number of days between the previous coupon payment date and the next payment date after the settlement date, the number of coupons remaining from the payment prior to settlement to maturity, and the price on the trade date without a coupon interest accrual.
PFA Footballer of the Year Wayne Rooney could finish only third in the YTM points scoring, after injuries took their tool as the season came to a close.
Elsewhere, Cristiano Ronaldo grabbed another goal and 8 points in YTM, his season total now stands at an astonishing 172 points
To register new YTM teams, make transfers or check out how your teams are doing log on now at www.
The strong Ivorian scored two free-kicks and gained 10 points for his YTM Tally, which now stands at an impressive 120 points
After qualifying on January 12, the YTM Cup is a head-to-head competition running until the last day of the season, with the winner scooping pounds 3,000
CONGRATULATIONS: YTM January Manager of the Month, Sandor Kovacs of Corby, picks up a cheque for pounds 10,000
PETR Cech is the top-scoring goalkeeper in You The Manager with 44 points and features in more than 11,000 YTM teams.
IT'S the Clash of the Titans at the top of the YTM scoring tables.
The Brazilian, at a bargain YTM price of pounds 4m, is the top-scoring player so far and looks a must-buy for all managers.
Ronaldo is the player to have in YTM - the Portugal star already has a fantastic 153 points to his credit this season.