Debt Yield To Average Life

From Open Risk Manual

Definition

Debt Yield To Average Life. The yield achieved by substituting a bond's average life for the issue's final maturity date.


Issues and Challenges

Assume from this that there is also a Yield to Equivalent Life. Some sources have these as the same term, whereas we have separated them.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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