Coupon Equivalent Yield - CEY
For example, the CEY calculation allows bond investors to compare the return on a 180-day Treasury bill to a one-year coupon paying bond, to evaluate which instrument will give the investor a higher return.
Investment dictionary. Academic. 2012.
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Coupon equivalent yield — True interest cost expressed on the basis of a 365 day year. The New York Times Financial Glossary … Financial and business terms
coupon equivalent yield — True interest cost expressed on the basis of a 365 day year. Bloomberg Financial Dictionary … Financial and business terms
coupon-equivalent rate — See: equivalent bond yield … Financial and business terms
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
Yield curve — This article is about yield curves as used in finance. For the term s use in physics, see Yield curve (physics). Not to be confused with Yield curve spread – see Z spread. The US dollar yield curve as of February 9, 2005. The curve has a typical… … Wikipedia
equivalent bond yield — See bond equivalent yield. American Banker Glossary effective annual yield on a short term, noninterest bearing security calculated for comparison to yields quoted on coupon securities. Bloomberg Financial Dictionary … Financial and business terms
coupon yield equivalent — See bond equivalent yield. American Banker Glossary … Financial and business terms
Yield — The income return on an investment. This refers to the interest or dividends received from a security and is usually expressed annually as a percentage based on the investment s cost, its current market value or its face value. This seemingly… … Investment dictionary
Equivalent bond yield — Annual yield on a short term, non interest bearing security calculated so as to be comparable to yields quoted on coupon securities. The New York Times Financial Glossary … Financial and business terms
Required Yield — The return a bond must offer in order to be a worthwhile investment. Required yield is set by the market and sets the precedent for how current bond issues will be priced. For example, if the required yield increases to a rate that is greater… … Investment dictionary
Structured Yield Product Exchangeable For Stock - STRYPES — A type of convertible bond issued by companies that pays a quarterly cash coupon and can also be exchanged for a certain number of shares or receive the cash equivalent at maturity. STRYPES were created and trademarked by Merrill Lynch, and are… … Investment dictionary