Examlex
What is meant by value?
Equivalent Taxable Yield
The pretax yield on a taxable bond providing an after-tax yield equal to the rate on a tax-exempt municipal bond.
Yield to Maturity
The total return anticipated on a bond if the bond is held until it matures, including all interest payments and the return of principal.
Treasury Securities
Reiteration of U.S. Treasuries, but emphasizing these are safe, low-risk investment products backed by the full faith and credit of the U.S. government, including Treasury bonds, notes, and bills.
Bond Equivalent Yield
Bond yield calculated on an annual percentage rate method. Differs from effective annual yield.
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