yield to call

yield to call definition - business

yield to call

The annual return on a bond, assuming the security will be redeemed at the call price on the first date permitted. This measure of yield includes interest payments and price depreciation because bonds are quoted in this way only if they sell above the call price.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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