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Glossary of Trade Terms
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 Interest Rate
Yield refers to the actual rate of interest expressed as a rate per cent per annum relating to the net proceeds or outlay.

The formulae for converting yields to discounts and discounts to yields are as follows:

Yield    =
            36500 x Discount Rate
 
36500 - (Days to Maturity × Discount Rate)
Discount    =
            36500 x Yield Rate
 
36500 รท (Days to Maturity × Yield Rate)