Redemption value and Yield to worst: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Links ordering.)
 
imported>Doug Williamson
(Classify page.)
 
Line 1: Line 1:
The amount of the cash payment or equivalent consideration to the holder, on the redemption of a security.
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 ==
* [[Face value]]
* [[Yield to maturity]]
* [[Par]]
* [[Premium]]
* [[Redemption]]
* [[Security]]
* [[Spens clause]]
* [[Undated]]


[[Category:Corporate_finance]]
[[Category:Intercompany_funding]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]
[[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