See Also: Yield to average life(finance)
Yield to average life(money)
Weighted average portfolio yield(finance)
Weighted average portfolio yield(money)
Average life(finance)
Average life(money)
Weighted average life(money)
Money market yield(money)
Money market yield(finance)
Redemption yield or maturity yield(finance)

Yield to average life (money)


Definition: [crh] A yield calculation in which bonds are retired routinely during the life of the issue. Since the issuer buys its own bonds on the open market because of sinking fund requirements, if the Definition: "/?rd=bonds">bonds are trading below par, this action provides automatic price support for these bonds and they will usuDefinition: ally trade on a yield to average life basis.