See Also: Yield burning(finance)
Yield burning(money)
Money market yield(money)
Money market yield(finance)
Redemption yield or maturity yield(finance)
Flat yield or running yield(finance)
BURNING(law)
burning(dictionary)
Burning(medicine)
burning 2, adverb(dictionary)

Yield burning (money)


Definition: [crh] A municipal bond financing method. Underwriters in advance refundings add large mDefinition: arkups on US Treasury bonds bought and held in escrow to compensate investors while waiting for repayment of old bonDefinition: ds after issuance of the new bonds. Since bond prices and yields move in opposite directions, when the bonds arDefinition: e marked up, they "burn down" the yield, which may violate federal tax rules and diminishes tax revenues.