ICMA Yield Formula
Definition
ICMA Yield Formula. The calculation method specified by ICMA (formerly ISMA) for determination of yield for fixed-rate bonds.
This basic formula is used across many markets, including the US and most of Europe. While individual markets may have different flavors (French round their bonds to 5 decimals, UK Gilts have ex-div), the formula is still the same. This would be the formula used by "Wall Street Yield", "US Treasury Yield", "Corporate Bond Yield" etc. Notes Origin:Fidessa
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.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/MD/DebtTemporal/DebtAnalytics/index-en.html + |
