Discount yield: Difference between revisions
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The quoted market return for traded instruments quoted at a discount. The market discount yield is quoted based on a percentage of the ''maturity amount''. (This is different from a yield or interest rate, which is conventionally quoted based on a percentage of the ''starting amount''.) | |||
The quoted market return for traded instruments quoted at a discount. | |||
The market discount yield is quoted based on a percentage of the ''maturity amount''. (This is different from a yield or interest rate, which is conventionally quoted based on a percentage of the ''starting amount''.) | |||
== See also == | == See also == | ||
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* [[Interest rate]] | * [[Interest rate]] | ||
* [[Yield]] | * [[Yield]] | ||
Revision as of 11:13, 18 December 2012
US.
The quoted market return for traded instruments quoted at a discount.
The market discount yield is quoted based on a percentage of the maturity amount. (This is different from a yield or interest rate, which is conventionally quoted based on a percentage of the starting amount.)