# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Yield to Maturity

The term used to describe the rate of return an investor will receive if a long-term, interest-bearing security, such as a bond, is held to its maturity date.

Yield to maturity (YTM) can be determined by using a bond yield table or a calculator equipped for bond calculations. It is greater than the coupon rate if the bond is selling at a discount and less than the coupon rate if it is selling at a premium.

Sponsors Center
Sponsored Links