Yield to Maturity is the rate of return which is measured by the current expected income stream relative to the prevailing market price assuming that the asset is held until maturity. If the instrument is trading at a discount, then the yield to maturity will be greater than the coupon rate. If the instrument is trading at a premium, then the yield to maturity will be less than the coupon rate.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). yield to maturity. Retrieved September 25, 2026, from http://smartdefine.org/yield_to_maturity/definitions/1166713 |
| Chicago | Barry Goldsmith. 2010. "yield to maturity" http://smartdefine.org/yield_to_maturity/definitions/1166713 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, yield to maturity, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/yield_to_maturity/definitions/1166713>. |
| MLA | Barry Goldsmith. "yield to maturity" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/yield_to_maturity/definitions/1166713> |