Current Yield Calculation Method: Difference between revisions
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Definition
Current Yield Calculation Method. The ratio of the interest payment amount to the clean price.
This is a kind of yield that applies to debt instruments only as it relates to the clean price. It differs from the simple yield in that simple yield relates to the actual price paid for the bond, which on will differ from the clean price by the amount of accrued interest.
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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