on Hercules' debt investment portfolio were 13.5% during Q3 2018, the same level as Q2 2018.
These days, junk bonds yield around 6.25%, meaning that investors -- still desperate for yield -- have overpaid for these bonds sufficiently to drive down their effective yields
to levels that fail to compensate them for the risks they are taking.
'...while CBN hiked MPR to 14per cent, which implied that it would lend money to banks at 16 per cent given the 200bps spread charged on its standing lending facility to banks, it went about issuing OMO bills at effective yields
of between 18 per cent to 22per cent .
However, that may lead to double taxation and lower effective yields
However, we think in 2013, the relatively small number of additional destinations - mostly long-haul, where prices generally allow better margins - can help keep effective yields
flat and support profitability.
The company plans to offer effective yields
of 13 percent for the two-year paper, 13.25 percent for three-year and five-year notes, and 13.43 percent for the five-and-a-half year bonds.
The effective yields
at Monday's auction ranged from 11.5 to 11.69 percent.
It said that fiscal consolidation, reasonably good GDP growth and low real effective yields
on government debt (reflecting the availability of non-market financing) have contributed to favorable debt dynamics in the years since.
Fiscal consolidation, reasonably good GDP growth and low real effective yields
on government debt (reflecting the availability of nonmarket financing) have contributed to favourable debt dynamics in the years since.
. First, although obvious to most, make sure the investment professionals in the company are passing along annual effective yields
, and not nominal yields, to the credited rate setters.
aims to raise the effective yields
promised to holders of its group annuity insurance policies by 0.25 percentage point before the end of the current fiscal year next March 31, officials with Japan's largest life insurer said Monday.