Discount yield: Difference between revisions
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The quoted market return for traded instruments quoted at a discount. | The quoted market return for traded instruments quoted at a discount. | ||
Revision as of 23:29, 17 December 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.)
