Yield to call
Also written YTC.
Yield to call: the annualized return if the issue is redeemed at par on its first call date.
Definition
Total return if the issue is redeemed on its first call date at the call price: the income received plus the gain or loss between today's price and the call price. The relevant yield for an issue trading above par. Computed in the Yield to Call calculator.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.