Glossary · Yield and price

Effective yield

Also written eff. yield.

The coupon paid today divided by the price.

Definition

On the Floating Rate page, the coupon an issue pays today divided by its price. On the fixed leg it is the fixed coupon; after the reset it is the current floating coupon.

Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.

The records these terms describe open with a free account.

No card is required. Every record page reads what a security pays, what to check and the payment history.

See pricing