Discount yield: Difference between revisions
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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 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 == |
Revision as of 14:20, 6 May 2016
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.)