Source Word
yield to maturity
Noun
Japanese Meaning
満期到来利回り：債券を満期まで保有し、予定された元本および利息の支払いが行われることを前提とした内部収益率を示す指標。
Sense（1）
Sense（2）
(law)
A
calculation
of
yield
on
a
bond
that
takes
into
account
the
capital
gain
or
loss
on
a
discount
bond
or
capital
loss
on
a
premium
bond.
In
the
case
of
a
discount
bond,
the
yield-to-maturity,
YTM,
is
higher
than
the
current
yield,
or
the
coupon
yield.
The
reverse
is
true
for
a
premium
bond
with
YTM
lower
than
both
current
yield
and
coupon
yield.
（ plural ）
