Bond Equivalent Yield - BEY
The BEY allows fixed-income securities whose payments are not annual to be compared with securities with annual yields. The BEY is the yield that is quoted in newspapers.
Alternatively, if the semi-annual or quarterly yield to maturity of a bond is known, the APR calculation may be used.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
bond equivalent yield — An annual yield, expressed as a percentage, describing the return provided to bond holders. A bond equivalent yield is double the simple interest, semiannual yield. Since Treasury and agency notes and bonds, as well as most corporate and… … Financial and business terms
Bond equivalent yield — Bond yield calculated on an annual percentage rate method. Differs from annual effective yield. The New York Times Financial Glossary * * * A calculation that converts the yield of a money market instrument, such as a Treasury bill, into the… … Financial and business terms
bond-equivalent yield — bond yield calculated on an annual percentage rate method. Differs from annual effective yield. Bloomberg Financial Dictionary … Financial and business terms
bond equivalent yield — Fin the interest rate that an investor would have to receive on a bond to profit as much as from investment in another type of security. Also known as equivalent bond yield … The ultimate business dictionary
Bond-equivalent yield — The annualized yield to maturity computed by doubling the semiannual yield. The New York Times Financial Glossary … Financial and business terms
Bond-equivalent basis — The method used for computing the bond equivalent yield. The New York Times Financial Glossary … Financial and business terms
bond-equivalent basis — The method used for computing the bond equivalent yield. Bloomberg Financial Dictionary … Financial and business terms
Tax-Equivalent Yield — The pretax yield that a taxable bond needs to possess for its yield to be equal to that of a tax free municipal bond. This calculation can be used to fairly compare the yield of a tax free bond to that of a taxable bond in order to see which bond … Investment dictionary
tax-equivalent yield — The pre tax yield required from a taxable bond in order to equal the tax free yield of a municipal bond. Bloomberg Financial Dictionary … Financial and business terms
Fully Taxable Equivalent Yield — The yield on a municipal bond, when the effect of reduced taxes are taken into account. The fully taxable equivalent yield shows what yield a fully taxable bond would have to give, in order to be equivalent to a tax free municipal bond. The yield … Investment dictionary
Coupon Equivalent Yield - CEY — A method of calculation used to calculate the yield on bonds with maturities of less than one year and which normally sell at a discount and do not pay coupons. Formula For example, the CEY calculation allows bond investors to compare the return… … Investment dictionary