Yield to maturity - Revision history

Doug: Improve linking.

2025-09-15T16:16:01Z

Improve linking.

← Older revision		Revision as of 16:16, 15 September 2025
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	* [[Premium]]		* [[Premium]]
	* [[Yield]]		* [[Yield]]
			* [[Yield to call]]
	* [[Yield to redemption]]		* [[Yield to redemption]]
	* [[Yield to worst]]		* [[Yield to worst]]

	~~[[Category:The_business_context]]~~
	[[Category:Corporate_finance]]		[[Category:Corporate_finance]]
			[[Category:Financial_products_and_markets]]
			[[Category:Identify_and_assess_risks]]
	[[Category:Investment]]		[[Category:Investment]]
	[[Category:Long_term_funding]]		[[Category:Long_term_funding]]
	~~[[Category:Identify_and_assess_risks]]~~
	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:~~Financial_products_and_markets~~]]		[[Category:The_business_context]]

imported>Doug Williamson: Add link.

2021-10-30T20:48:35Z

Add link.

← Older revision		Revision as of 20:48, 30 October 2021
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	* [[Internal rate of return]]		* [[Internal rate of return]]
	* [[Macaulay duration]]		* [[Macaulay duration]]
			* [[Maturity]]
	* [[Premium]]		* [[Premium]]
	* [[Yield]]		* [[Yield]]

imported>Doug Williamson: Add links.

2020-08-09T20:35:22Z

Add links.

← Older revision		Revision as of 20:35, 9 August 2020
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	* [[Bond]]		* [[Bond]]
	* [[Cost of debt]]		* [[Cost of debt]]
			* [[Discount]]
	* [[Internal rate of return]]		* [[Internal rate of return]]
	* [[Macaulay duration]]		* [[Macaulay duration]]
			* [[Premium]]
	* [[Yield]]		* [[Yield]]
	* [[Yield to redemption]]		* [[Yield to redemption]]

imported>Doug Williamson: Expand definition. Source: linked pages.

2019-08-25T12:14:17Z

Expand definition. Source: linked pages.

← Older revision		Revision as of 12:14, 25 August 2019
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	It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).		It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).



			Yield to maturity is similar to yield to redemption.

			However, the expected redemption date may be earlier than the final maturity date, depending on any related options in favour of the issuer or the investor.

imported>Doug Williamson: Classify page.

2019-08-25T12:08:26Z

Classify page.

← Older revision		Revision as of 12:08, 25 August 2019
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	* [[Yield to redemption]]		* [[Yield to redemption]]
	* [[Yield to worst]]		* [[Yield to worst]]

			[[Category:The_business_context]]
			[[Category:Corporate_finance]]
			[[Category:Investment]]
			[[Category:Long_term_funding]]
			[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
			[[Category:Financial_products_and_markets]]

imported>Doug Williamson: Update & differentiate Yield to redemption.

2019-08-25T12:07:35Z

Update & differentiate Yield to redemption.

← Older revision		Revision as of 12:07, 25 August 2019
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	(YTM).		(YTM).

	The measure of yield on a financial instrument - for example a bond - from the current date until maturity ~~that takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium~~.		The measure of yield on a financial instrument - for example a bond - from the current date until its final maturity.

			It takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium.

	~~Also known as Yield to redemption, or Redemption yield.~~

	More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value.		More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value.
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	* [[Macaulay duration]]		* [[Macaulay duration]]
	* [[Yield]]		* [[Yield]]
			* [[Yield to redemption]]
	* [[Yield to worst]]		* [[Yield to worst]]

imported>Doug Williamson: Layout.

2016-11-23T23:11:58Z

Layout.

← Older revision		Revision as of 23:11, 23 November 2016
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	The measure of yield on a financial instrument - for example a bond - from the current date until maturity that takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium.		The measure of yield on a financial instrument - for example a bond - from the current date until maturity that takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium.


	Also known as Yield to redemption, or Redemption yield.		Also known as Yield to redemption, or Redemption yield.

	More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value.		More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value.


	YTM assumes that all coupons are fully paid out on their due dates and reinvested at the same yield and that the principal is paid back in full upon maturity.		YTM assumes that all coupons are fully paid out on their due dates and reinvested at the same yield and that the principal is paid back in full upon maturity.

imported>Doug Williamson: Spacing 27/8/13

2013-08-27T14:39:01Z

Spacing 27/8/13

← Older revision		Revision as of 14:39, 27 August 2013
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	(YTM). The measure of yield on a financial instrument - for example a bond - from the current date until maturity that takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium.		(YTM).

			The measure of yield on a financial instrument - for example a bond - from the current date until maturity that takes into account the capital gain on a bond (or other financial instrument) trading at a discount, or the capital loss on a bond (or other financial instrument) trading at a premium.

	Also known as Yield to redemption, or Redemption yield.		Also known as Yield to redemption, or Redemption yield.
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	It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).		It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).


	== See also ==		== See also ==

imported>Doug Williamson: Spacing 7/8/13

2013-08-07T14:35:37Z

Spacing 7/8/13

← Older revision		Revision as of 14:35, 7 August 2013
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	Also known as Yield to redemption, or Redemption yield.		Also known as Yield to redemption, or Redemption yield.

	More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value. YTM assumes that all coupons are fully paid out on their due dates and reinvested at the same yield and that the principal is paid back in full upon maturity. It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).		More specifically the return on a security held to maturity, taking account of the coupon and re-investment rates and the buying price compared to its face value.

			YTM assumes that all coupons are fully paid out on their due dates and reinvested at the same yield and that the principal is paid back in full upon maturity.

			It is an internal rate of return calculation performed on the security’s expected cash flows, including the initial investment outflow (= the current market value).

	== See also ==		== See also ==

imported>Doug Williamson at 16:43, 25 March 2013

2013-03-25T16:43:03Z

← Older revision		Revision as of 16:43, 25 March 2013
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	* [[Macaulay duration]]		* [[Macaulay duration]]
	* [[Yield]]		* [[Yield]]
			* [[Yield to worst]]