annual yield to maturity
Noun
Yield to maturity quoted on an annual-pay basis as an effective annualized yield (EAY), as is the market convention in those debt capital markets where annual-pay bonds trade.
Synonym(s):
- annual YTM.
Yield to maturity quoted on an annual-pay basis as an effective annualized yield (EAY), as is the market convention in those debt capital markets where annual-pay bonds trade.
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