Forward yield and Pension Protection Fund Ombudsman: Difference between pages

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imported>Doug Williamson
(Link with Periodic yield page.)
 
imported>Doug Williamson
m (Spacing 21/8/13)
 
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The rate of return in the market today for a notional or actual deposit or borrowing:
(PPFO).  
#Starting at a fixed future date; and
#Ending on a later fixed future date.


 
An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.  
'''Example'''
 
The forward yield for the maturity 2-3 periods is 3% per period.
 
This means that a deposit of £1,000,000 at Time 2 periods would return:
 
£1,000,000 x 1.03
 
= £1,030,000 at Time 3 periods.
 
 
A common application of forward yields is the pricing of forward rate agreements.
 
 
 
The forward yield is also known as the [[Forward rate]] or (sometimes) the Forward forward rate. 
 
(The [[Forward forward rate]] is technically slightly different.)
 
 
'''Conversion'''
 
If we know the forward yield, we can calculate both the [[zero coupon yield]] and the [[par yield]] for the same maturities and risk class.




== See also ==
* [[Pension Protection Fund]]


== See also ==
[[Category:Pensions_Risk]]
* [[Yield curve]]
* [[Par yield]]
* [[Zero coupon yield]]
* [[Forward rate agreement]]
* [[Periodic yield]]

Revision as of 13:48, 21 August 2013

(PPFO).

An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.


See also

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