Open outcry and Yield to worst: Difference between pages

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A kind of auction system used by market traders under which all bids and offers are made openly by public, competitive outcry with the use of hand signals.
The worst yield that an investor could receive on a security, without there being a default by the issuer.
 
The calculation of the Yield to worst assumes 'worst case' outcomes - from the investor's perspective - for example in relation to the exercise of any options in favour of the issuer.
 


== See also ==
== See also ==
* [[Dutch auction]]
* [[Yield to maturity]]


[[Category:Financial_products_and_markets]]

Latest revision as of 20:27, 27 June 2022

The worst yield that an investor could receive on a security, without there being a default by the issuer.

The calculation of the Yield to worst assumes 'worst case' outcomes - from the investor's perspective - for example in relation to the exercise of any options in favour of the issuer.


See also