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imported>Doug Williamson |
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| An amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period, rather than per annum.
| | (ABEDA/BADEA). |
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| | A financial institution funded by the governments of the member states of the League of Arab States. |
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| In relation to periodic yields (r):
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| r = R x days / year
| | ==See also== |
| | * [[AGF]] |
| | *[[Arab Monetary Fund]] |
| | * [[Development bank]] |
| | * [[International Bank for Reconstruction and Development]] |
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| | | [[Category:Long_term_funding]] |
| ''Where:''
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| r = periodic yield
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| R = nominal annual yield
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| days = actual number of days in the period under review
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| year = number of days in a conventional year
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| <span style="color:#4B0082">'''Example'''</span>
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| Interest is quoted at a market rate of 4% in USD, for 90 days maturity.
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| R = nominal annual yield = 0.04 (= 4%)
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| days = actual number of days in the period under review = 90
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| year = number of days in a conventional year = 360 for USD
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| Periodic yield = 0.04 x 90 / 360
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| = 0.01 (= 1%)
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| ''This is the periodic yield per 90 days in USD.''
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| == See also ==
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| * [[ACT/360]]
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| * [[ACT/365]]
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| * [[Conventional year]]
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| * [[Discount rate]]
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| * [[Nominal annual rate]]
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| * [[Rate of return]]
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Latest revision as of 19:23, 12 September 2023
(ABEDA/BADEA).
A financial institution funded by the governments of the member states of the League of Arab States.
See also